Tesla's market value dips below $1 trillion as shares tank 8%

Tesla's market capitalisation dipped below the $1 trillion mark on Tuesday as its shares crashed more than 8%. The shares of Elon Musk-led EV maker have fallen around 20% so far this year. The latest decline comes after a report said Tesla's sales dipped 45% last month across Europe even as EV sales soared 37% for the overall industry.