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Why Tesla Stock Tumbled 7.5% Today


Shares of electric car titan Tesla (NASDAQ: TSLA) braked hard Thursday morning, falling 7.1% through 11:30 a.m. ET. That sounds kind of crazy, seeing as Tesla just crushed on earnings last night, reporting $17.7 billion in sales, when Wall Street had only expected to see $16.4 billion, and earning $2.54 per share (non-GAAP) instead of the predicted $2.26.  

So why is Tesla tumbling today?

Image source: Getty Images.

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Source Fool.com

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