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
341,70 €
-0,38 %
Die Community zeigt leichtes Interesse an Tesla Inc mit mehr Buy- als Sell-Einschätzungen.
Mit einem Kursziel von 395 € für Tesla Inc ist ein leichter Anstieg gegenüber dem aktuellen Kurs von 341.7 € zu erwarten.
