# Tesla stock price remains on edge today, April 8, down by 30% from its all-time high.

*business · news · 2026-04-08 · CoinGape*

## Key points

- Retail investors have bought $256 million in Tesla shares over the past five days.
- Tesla's new registrations in Germany surged 315% to 9,252 after a sharp slump last year.
- Tesla has a minority stake in SpaceX via xAI, which merged with SpaceX earlier this year.
- Major automakers like GM, Ford, and Stellantis have largely abandoned their EV initiatives with large write-downs.
- Tesla's stock chart shows a falling wedge pattern, suggesting a potential rebound if support holds.

**Companies:** Tesla, SpaceX
**Countries:** United States, Germany, United Kingdom, Norway, China

[Read the full story on CoinGape](https://coingape.com/markets/tesla-stock-price-eyes-a-rebound-as-retail-investors-buy-the-dip-ahead-of-spacex-ipo/)

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