Why Tesla Stock Fell Sharply on Tuesday

Why Tesla Stock Fell Sharply on Tuesday
Daniel Sparks, The Motley Fool
·2 min read

Shares of Tesla (NASDAQ: TSLA) were slammed on Tuesday, falling as much as 4.7%, and finishing 4.5% lower by the end of the trading day. The stock was likely down due to a broader sell-off on Tuesday that was particularly tough on growth stocks. During part of last week, shares were pummeled along with many other growth stocks, but Tesla roared higher on Monday amid the S&P 500's best day since June.