Why Is Tesla Stock Dropping Today?
(NASDAQ: TSLA) reported financial results for its third quarter after market close Wednesday. The company finally got back to revenue growth. Overall sales increased by 12% compared to the prior-year period. That was the first time revenue grew in the last three quarters.
Yet investors are punishing Tesla shares after the report. The stock sank nearly 6% before paring those losses. As of 10:25 a.m. ET, Tesla stock was down by 3.1%.
Image source: Tesla.
Source Fool.com
Tesla Inc Aktie
279,75 €
3,63 %
Tesla Inc sticht etwas positiv hervor mit 105 Buy- und 38 Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für Tesla Inc von 410 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 279.75 €.
