Why Tesla Stock Tumbled 6% on Friday
Investors in Tesla (NASDAQ: TSLA) are having a very bad day today. Everyone in the stock market seems to be having a bad day, with the S&P 500 down nearly 2% and the Nasdaq down more than 2.5%. But investors in the electric car maker are suffering even more than most on Friday, incurring a 6.1% loss through 11:10 a.m. EDT on no apparent bad news specific to Tesla.
Tesla investors could be looking at a 3-car race. Image source: Getty Images.
Instead, Tesla is tumbling in a stock market rocked by the latest coronavirus numbers, as the U.S. marches seemingly inexorably beyond 9 million infections, and toward 230,000 deaths.
Source Fool.com
