Tesla shares tumbled again Tuesday, putting the EV maker's stock on pace to lose ground for the ninth consecutive week. The stock staged a minor bounce from the lower trendline of

The stock is heading for an eighth straight weekly loss, and now sits 53% below all-time highs reached in mid-December. As each day passes, the list of headwinds facing the EV maker seems to grow. In addition to existing pressures,

Tesla shares dropped amid a broader tech selloff, as analysts warned of lower overseas demand for the EV maker's cars and a consumer backlash against Elon Musk's political activities. The stock was down nearly 4% at below $229 in midday trading,