Stock Market Today: Dow Off Lightly; Tesla Drops On Musk Comments But Texas Instruments Soars (Live Coverage)

Tesla shares declined following comments from CEO Elon Musk that raised concerns about near-term demand and production timelines, weighing on investor sentiment for the electric vehicle maker. The negative reaction to Musk's remarks highlights the sensitivity of growth stocks to shifts in executive tone, particularly amid elevated valuations and tighter financial conditions. In contrast, Texas Instruments surged on stronger-than-expected guidance, signaling resilient industrial demand and benefiting from renewed investor appetite for semiconductor exposure. The divergence in stock performance underscores a broader market rotation toward companies with clear fundamentals as rate differentials and sector-specific capital flows drive relative strength. Traders will watch the upcoming Consumer Price Index report for further cues on Fed policy and its impact on equity valuation multiples.

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