Why Tesla Stock Is Sinking Today
Shares of (NASDAQ: TSLA) are falling on Wednesday. The electric vehicle maker's stock lost 3.8% as of 3:30 p.m. ET and was down as much as 5.4% earlier in the day. The steep decline comes as the S 500 and Nasdaq Composite indexes lost 0.6% and 1.3%, respectively.
The EV leader is facing new headwinds as international trade tensions escalate into direct action against the company.
Canada announced it has frozen $43 million in suspicious EV rebates for Tesla vehicles and will investigate each claim to verify their legitimacy. The announcement comes after the EV maker submitted thousands of claims in the days before the rebate program ended, the equivalent of selling two cars every minute, 24 hours a day.
Source Fool.com
Tesla Inc Aktie
344,95 €
0,48 %
Die Tesla Inc Aktie zieht etwas Aufmerksamkeit auf sich: Mehr Buy- als Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 395 € für Tesla Inc deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 344.95 € hin.
