Why Tesla Stock Fell Further on Monday

Daniel Sparks, The Motley Fool
·2-min read
Why Tesla Stock Fell Further on Monday

Shares of Tesla (NASDAQ: TSLA) slid sharply on Monday, extending a bearish few weeks for the stock. Reflecting the tech stock sell-off on Monday, the tech-heavy Nasdaq Composite fell 2.4% even as the S&P 500, which is better diversified across other sectors, fell only 0.5%. Many growth stocks like Tesla fell even more sharply than the Nasdaq.