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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'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 ...
Some investors are selling the stock today ahead of that report. Tesla shares dropped as much as 5% before paring some of that drop. The stock was trading lower by 2% as of 2 p.m. ET.
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 ...
Tesla stock dropped as much as 8% on Thursday after the company reported fourth-quarter vehicle deliveries. Shares of the company traded as low as $ 373.40 before paring losses.
For the period, Tesla reported a 9% drop in its deliveries and a 9% drop in revenue. Its gross margin dipped 2 percentage points to 17.4%, while its net income nosedived by 55% to $1.1 billion.
Tesla stock dropped 4.8% on Monday, dropping below $200 and hitting lows not seen since late May despite a broader market rally and rebound in beaten-down tech.Two pieces of news were weighing on ...
After a dramatic bull run following the election of Donald Trump last week, Tesla (NASDAQ: TSLA) shares are finally cooling off today, pulling back in line with a broader sell-off as the S&P 500 ...