Why Tesla Stock Fell Wednesday
Shares of electric-car company Tesla (NASDAQ: TSLA) were slammed Wednesday, falling 6.5% by the time the market closed.
While a significant portion of the decline can be attributed to a sharp pullback in the overall stock market on Wednesday, particularly growth stocks like Tesla, another concern may have been an analyst note on the company's high executive turnover rate.
Tesla vehicles. Image source: Tesla.
Source Fool.com