Tesla Stock Fell Today -- Is the Market Overreacting?
Shares of the electric vehicle maker Tesla (NASDAQ: TSLA) fell 5% today as investors digested the news that the Federal Reserve may act more aggressively toward curbing inflation than some investors had anticipated.
Adding to the drop was the fact that Tesla investors just learned yesterday that the company's CEO Elon Musk is now Twitter's largest shareholder and that Musk is joining the social media company's board.
The combination of those two bits of news sent Tesla's stock tumbling, but is the market overreacting?
Source Fool.com
