why did tesla stock drop so much today

EST however the stock was down 4. Shares of Tesla slumped as much as 9 in intraday trading Thursday.

Elon Musk To Sell 10 Of Tesla Stock After Twitter Poll Votes Yes Fortune

The 96 analysts.

. So why is the share price of the Elon Musk-owned giant dropping so rapidly. Shares of TSLA stock have jumped 4 in premarket. 19 record close at the time.

Sometimes the stock market is oddand it looks like Thursday was one of those odd days for Tesla investors. This price reduction will apply to. 2 days agoShares of electric vehicle EV kingpin Tesla TSLA -610 dropped sharply in Wednesday early afternoon trading falling 52 through 1210 pm.

TSLA is up today on the news that Elon Musks acquisition of Twitter NYSE. NEW YORK TheStreet -- Shares of Tesla Motors TSLA - Get Tesla Inc Report are down 039 to 25277 in afternoon trading on Monday after analysts projected that the. As Barrons reports this morning Tesla sold fewer than 26000 electric vehicles in China in April a 26 sequential slide from the 35000 units moved in March.

The electric car makers stock fell as much as 72. Instead of going up Tesla stock is going down today falling 4 as of 1030 am. Tesla beat on earnings per share EPS coming in at 254 versus the 226 average estimate.

According to the current price Tesla is 6435 away from the 52-week high. The stock closed at a record just above 883 on January 26 and has. It was a day straight out of investors nightmares.

Shares of Tesla TSLA fell 6 Tuesday after closing down 85 Monday wiping out its gains for the year. At risk of bankruptcy in the near future. You can blame two Wall Street analysts for.

Tesla stock closed down 1199 on Tuesday extending losses for a second day after CEO Elon Musk over the weekend proposed selling 10 of his shares in the electric. TSLAfell on Monday declining as much as 72. After the market open Tesla shares plunged over 16.

TSLA shares are going to take a sharp dive as interest rates. The growth stocks decline is likely primarily. But as of 1250 pm.

Shares of TeslaNASDAQ. The growth stock fell as much as 56 but was down 48 as of. The Dow Jones Industrial Average fell 116452 points or 36 while the SP 500.

ET the stock was down 55. The selloff is mainly due to the. The high in the last 52 weeks of Tesla stock was 124325.

So what Buoyed by optimism about its leadership within the fast-growing EV market and. The company managed to disappoint bulls by not doing. Tesla stock NASDAQ.

Tesla CEO Elon Musk. What are analysts forecasts for Tesla stock. By the close of trading Teslas stock price was down 4 after falling as much as 13 earlier in the day.

To the contrary on top of the shutdown today were hearing. Why is the Tesla stock price dropping. The stock was likely down because of the pressure on growth stocks.

Pre-market trading today dropping as much as 12. If you want to want to figure out about how much I left on the table at the peak my portfolio reports that my VCSY stock today is worth around 10. That last time Teslas stock entered a bear market was Feb.

There are a couple of factors driving the sell-off. TWTR may fall through. TSLA has declined by around 17 over the last month and currently trades at 675 per share.

Tesla Stock Declines As Traders Sell Shares Of Richly Valued Companies Shares of Tesla found themselves under strong pressure amid strong sell-off in equity markets. 27 2020 when it closed at a split-adjusted 13580 to be down 260 from its Feb. Higher raw material costs are necessitating price increases on Tesla vehicles which could dampen consumer.

The fall comes just a day after Baillie. After the surge in. On Wednesday that stock was Target.

The main reason that Tesla was so heavily shorted in the past is that they were in danger of running out of cash. Revenue also beat forecasts coming in at 1772 billion versus the 1635. As of 1045 am.

Tesla stock plunged in US. It would have been worth.

Why Tesla Stock Tumbled Today The Motley Fool