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Why the Tesla Stock Price Dropped More Than 11% Today (Nasdaq: TSLA)
The Tesla stock price dropped as much as 11.3% in afternoon trading today (Tuesday) after Consumer Reports withdrew its recommendation of the Model S sedan.
The report cited "poor reliability" for the withdrawal.
While the report seems damaging, the 11% Tesla stock drop is a major overreaction...
The Tesla stock price dropped as much as 11.3% in afternoon trading today (Tuesday) after Consumer Reports withdrew its recommendation of the Model S sedan.
The report cited "poor reliability" for the withdrawal.
While the report seems damaging, the 11% Tesla stock drop is a major overreaction...