Why Tesla Stock Dropped Today

Why Tesla Stock Dropped Today

Shares of Tesla (NASDAQ: TSLA) stock dropped 2% in 1:05 p.m. EDT trading Tuesday as analysts debated what the third quarter might look like for the electric car leader when results come out on Oct. 19. Let's begin with the Tesla bulls. In twin reports this morning, investment banks Credit Suisse (CS) and Piper Sandler both gave bullish prognoses for Tesla in Q3.