Why Tesla Stock Dropped 8% This Morning

Tesla (NASDAQ: TSLA) will hold its long-awaited Battery Day presentation just five days from now, on Sept. 22. With the date so close, you might expect investors would be starting to get excited to hear what the world's most famous electric car manufacturer will say. But in fact, the opposite seems to be true.

Tesla stock plunged 7.6% in very early trading this morning, and as of 9:55 a.m. EDT, shares remained down 3.9%.

Image source: Getty Images.

Continue reading


Source Fool.com