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Tesla stock sinks 30% below its high: What is behind it?

· rollingout.com · popularity 10/100 · 0 similar stories today · Entrepreneurship & Startups (Business & Finance)

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Summary

Tesla shares fell sharply today extending a post-election sell-off. The stock traded near $349 in morning trading, down about 9%, and sits roughly 30% below its 52-week high of $498.83. SpaceX dropped about 8% to 9% as well. What are the 3 reasons behind the drop? Political and regulatory worries. Democrats won control of both […] The post Tesla stock sinks 30% below its high: What is behind it? appeared first on Rolling Out .

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