Shares of EV maker Tesla (TSLA) have struggled since hitting their record high of $488.54 on December 18, 2024, by plummeting to around $330 at

We recently published a list of 10 AI Stocks to Watch Amid DeepSeek Impact. In this article, we are going to take a look at where Tesla Inc (NASDAQ:TSLA) stands against other AI stocks to watch amid DeepSeek impact.

What Happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 5.2% in the afternoon session after Chinese electric vehicle manufacturer, BYD, unveiled "DiPilot," an assisted driving system (like a smart co-pilot or an extra pair of eyes while driving) that will integrate AI features from DeepSeek (Chinese AI Startup).

Tesla (NASDAQ: TSLA) stock has been in freefall, and that accelerated today. Shares of the electric vehicle (EV) leader are now lower by more than 15% so far this year. As of 1:40 p.m. ET, Tesla shares were down by 5.

Chinese automaker BYD (BYDDF) is stepping on the accelerator in its ongoing race with Elon Musk’s Tesla (TSLA) and others to make smart cars more affordable.