Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Tesla Stock Fell Sharply (Again) on Wednesday

Shares of Tesla (NASDAQ: TSLA) were hit hard on Wednesday. The stock fell 4.8% by the time the market closed.

The stock is likely down primarily because of a decline in the overall market that weighed particularly heavily on growth stocks like Tesla. However, shares may also be down because of a note from Morgan Stanley analyst Adam Jonas about Ford's new electric Mustang Mach-E taking market share from Tesla in February.

Image source: Getty Images.

Continue reading


Like: 0