On Tuesday, shares of the American electric car maker Tesla experienced a sharp decline, losing nearly 9% of their value during trading on Wall Street after data showed a significant drop of 45% in Tesla registrations in Europe. According to data released by the European Automobile Manufacturers Association today, the number of Tesla registrations in Europe fell to 9,945 vehicles in January of this year, compared to 19,161 vehicles during the same month last year, leading to a steep drop in the company's stock today. Investor concerns about the impact of potential tariffs and the removal of electric vehicle purchase incentives on Tesla's business this year also affected stock prices, especially with the European Union threatening to impose retaliatory tariffs on imports from the United States following recent decisions by Trump. In trading, Tesla shares (NASDAQ: TSLA) fell by about 8.89% to settle at $301.19, bringing the company's market value down to $970.23 billion, as the American automaker's stock has lost nearly 25% of its value since the beginning of the year.
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