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Tesla Stock Is Plunging. It’s Probably Musk’s Twitter This Time.
Recent declines in Tesla stock have deviated from market-related trading patterns, leaving investors wondering if something else is going on with shares of the auto maker.
Tesla stock (ticker: TSLA) dropped 7% Wednesday. And shares are down more than 17% over the past week, down more than the broader market. The Nasdaq Composite and Russell 1000 Growth Index are both down roughly 8% over the same span. Concerns about the crisis in Ukraine and the Federal Reserve’s monetary policy changes have weighed on the stock market….