Why Tesla Stock Dipped on Wednesday
Shares of Tesla (NASDAQ: TSLA) slipped on Wednesday, declining as much as 3.2%. As of 2 p.m. ET, the stock was down 2.1%.
The stock's decline was likely primarily in line with weakness in many growth stocks on Wednesday, ahead of the Federal Reserve meeting at 2:30 p.m. ET. But as the Fed meeting commenced, shares recovered some. As of 2:25 p.m. ET, the stock was down about 1.1%.
Image source: Tesla.
Source Fool.com
