Why Tesla Stock Crashed and Burned Again Today
Shares of Tesla (NASDAQ: TSLA) stock slipped 2.5% in morning trading on the NASDAQ Wednesday, apparently hurt by a pair of bad news items -- and a Barron's report -- just the day before.
As Barron's reports, "safety appears to be the main reason" Tesla stock is struggling this week, as investors worry over news that one Tesla investor's new Model S Plaid electric car burst into flames last week -- while a separate family has launched a wrongful death suit against the company, blaming the performance of its "Autopilot" driver-assistance software.
Image source: Tesla.
Source Fool.com
