Tesla Stock Crashes 4% on Hot US Inflation Data in Growth Selloff

Tesla shares plunged around 4% on May 12 amid a broad growth stock rout triggered by hotter-than-expected April CPI data, erasing gains from a prior weekly rally fueled by China FSD v14 buzz. The period began with a 10B supervised FSD miles milestone on May 4, followed by EU regulatory skepticism, a May 6 NHTSA recall of 218,868 vehicles (OTA fix), robust April Shanghai deliveries of 79,478 units (+36% YoY), Model Y topping new ADAS tests, and a record $100M Semi order for 370 trucks. Despite YTD declines, AI optimism persists but rate sensitivity weighs on high-valuation TSLA.