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Tesla also issued its sixth recall this year for the Cybertruck, this time over a faulty drive inverter component. Tesla wasn't the only EV stock to fall on the news. Why Tesla Stock Was Sliding Today
Tesla stock has gone downhill in the wake of a shaky earnings release last week. The EV player has seen its stock tank about 18% to $154 since its first-quarter earnings release on April 19 .
Tesla's shares were down as much as 12.4% in early trading on Monday, but recovered somewhat; as of 2 p.m. ET, the stock was down about 4%. A Tesla logo on an electric vehicle charger. Image ...
However, the main reason for today's sell-off seemed to be related to sentiment and valuation as Tesla's surge has come without any clear benefit to the business, and with the broader pullback in ...
Tesla (NASDAQ: TSLA) CEO Elon Musk bet on Donald Trump winning the November election, and investors jumped on the Tesla bandwagon after discovering he bet right. The election results helped drive ...
Shares in electric vehicle maker Tesla sank to a new 52-week low on Tuesday, closing around $138 per share, or 8% lower for the day in an otherwise mixed day Elon Musk tries to explain why Tesla ...
Tesla (NASDAQ: TSLA) shares have been soaring since the U.S. election in early November. As of 12:35 p.m. ET Friday, Tesla shares were down 4.3%. Most of that gain has come after Donald Trump won ...
In more company-specific news, analysts at Bank of America downgraded Tesla from a buy rating to hold, despite lifting their price target from $400 to $490. Analyst John Murphy believes that ...