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Why Tesla Stock Is Down Today


Shares of Tesla (NASDAQ: TSLA) were trading lower on Monday after a U.S. government agency announced an investigation into the company's Autopilot hands-free driving system.

As of 11:30 a.m. EDT, Tesla's stock was down about 5.1% from Friday's closing price.

The National Highway Traffic Safety Administration (NHTSA) said that it has opened a formal safety probe into Tesla's driver-assist systems after a series of crashes involving emergency vehicles. (The investigation was opened on Friday, but it was first reported on Monday morning.) 

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Source Fool.com

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