Why Tesla Stock Has Lost 22% in 3 Months (Nasdaq: TSLA)

Tesla stock (Nasdaq: TSLA) appears down in sympathy with oil prices. Brent crude has fallen 32.7% in the last three months; shares for the electric car maker are down 22.12% in the same period.

But oil prices are not the culprit behind the sagging TSLA stock price.

Money Morning Defense & Tech Specialist Michael A. Robinson - who has been following the tech markets for more than 30 years - appeared on FOX Business' "Varney & Co." Tuesday afternoon to clarify the TSLA-oil price connection:

WARNING: It's easy to get overwhelmed by contradictory economic data. For instance, the U.S. Department of Commerce just upped its expectation for GDP growth from 3.5% to 3.9% annually. Then the Conference Board followed up with a report that consumer confidence fell to its lowest level in five months. Report overload can muddle your investment strategy, and that's why Money Morning Defense & Tech Specialist Michael A. Robinson recommends cutting out all the noise. There are only three news indicators you need to know when it comes to tech investing...