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U.S. stock futures were lower this morning, with the Dow futures falling more than 700 points on Monday.

Shares of Tesla, Inc. (NASDAQ:TSLA) fell sharply in today's pre-market trading.

Shares of auto-related stocks traded lower as global markets continue to decline following President Trump’s announcement of sweeping tariffs, which could raise auto prices and affect consumer demand. Additionally, auto part tariffs could raise prices for producers.

Tesla shares dipped 7.1% to $222.45 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

• American Rebel Holdings, Inc. (NASDAQ:AREB) shares dipped 30.3% to $13.54 in pre-market trading after jumping 392% on Friday. The company, on Friday, announced up to $11 million private placement priced at-the-market under Nasdaq rules.
• CECO Environmental Corp. (NASDAQ:CECO) shares fell 29.3% to $14.00 in pre-market trading.
• SandRidge Energy, Inc. (NYSE:SD) shares tumbled 26.3% to $7.10 in pre-market trading after dipping 9% on Friday.
• Stevanato Group S.p.A. (NYSE:STVN) dipped 15.8% to $16.01 in pre-market trading.
• PLDT Inc. (NYSE:PHI) shares declined 14.7% to $18.10 in pre-market trading following a 4% decline on Friday.
• First National Corporation (NASDAQ:FXNC) slipped 13.8% to $17.11 in pre-market trading.
• Smith Douglas Homes Corp. (NYSE:SDHC) declined 13% to $17.01 in pre-market trading after gaining 5% on Friday.
• Robinhood Markets, Inc. (NASDAQ:HOOD) dipped 11% to $30.73 in pre-market trading amid decline in Bitcoin prices.
• NetEase, Inc. (NASDAQ:NTES) fell 9.7% to $89.27 in pre-market trading.
• USCB Financial Holdings, Inc. (NASDAQ:USCB) dipped 7.1% to $15.79 in pre-market trading. USCB Financial Holdings will report financial results for the quarter ended March 31, after the market closes on Thursday, April 24.
• NVIDIA Corporation (NASDAQ:NVDA) fell 6.1% to $88.55 in pre-market trading after dipping over 7% on Friday.
• Apple Inc. (NASDAQ:AAPL) fell 3.8% to $181.21 in pre-market trading after dipping over 6% on Friday.

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