Tesla Is Plummeting Again -- Is It Time to Buy the Stock?
On the heels of huge gains yesterday, Tesla (TSLA -8.09%) stock is seeing big sell-offs in Thursday's trading. The electric-vehicle (EV) company's share price was down 9.9% as of 1:15 p.m. ET amid the backdrop of a 5.3% decline for the S&P 500 (^GSPC -3.37%) and a 6.1% decline for the Nasdaq Composite (^IXIC -4.35%).While President Donald Trump issued a 90-day suspension of reciprocal tariffs for other countries yesterday, he announced that the import tax rate on products from China would be raised from 104 ...