Tesla stock plunges on Wednesday: why Elon Musk’s latest move may backfire
Tesla stock (NASDAQ: TSLA) faced some beating on Wednesday after Elon Musk announced that Tesla will stop selling Full Self-Driving (FSD) as a standalone purchase option after February 14, 2026. The company will be shifting the system exclusively to a $99-per-month subscription model, Elon Musk added. The surprise move knocked Tesla’s stock down roughly 1.5%
