Tesla (TSLA) stock fell as much as 6% Monday, leading Big Tech stocks downward amid investor concerns over President Trump's tariff policies and CEO Elon Musk's government role turning off potential buyers.

Wedbush said US auto tariffs will negatively impact Tesla and will force the company to raise prices. "The winner in our view from this tariff is no one."

According to Ivan Drury, director of insights at automotive research site Edmunds, cars assembled in the U.S. won't necessarily be safe from tariffs, due to manufacturers relying on foreign imports. Nissan, for example, has suppliers from all over the world, with many of them providing up to 70% or 80% of parts.

At the end of the first quarter, the S&P 500 is reeling—don’t expect a March Madness-style comeback soon.The benchmark index is on track for its worst quarter since 2022, largely driven by concerns about President Donald Trump’s tariff policy,

Stock markets in Europe and Asia also fell, after Trump warned all countries could be hit with tariffs on US imports.

As the global auto world reeled from the potential fallout of Trump's new auto tariffs, one name stood out as less affected than others.

The billionaire said the president's new car tariffs will impact the cost of parts that are vital to the construction of Tesla vehicles.

Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.