markets
AFRM -3.62% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
TSLA collapses 14.44% after hours, dragging the EV complex down hard.
Tesla is trading at $319.69, down from a $374.01 close — the largest single-session move in the group. LCID is off 4.87% to $6.45, RIVN down 3.96% to $16.46, with broader risk-off pressure confirmed by SPY sliding 1.08% to $738.18 and IWM down 0.54% to $292.09. AFRM and ASTS are both off roughly 3.6%, suggesting this is not isolated sector rotation.
Watch: TSLA $310 as the next technical level — a breach opens air to the low $290s. Monitor whether RIVN holds $16 and LCID holds $6.25 into Friday open, as both lack cushion at current levels.