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0.0016666666666667 -0.00195578231292513 0.00171768707482992 0.00204081632653069 0.0030272108843537 0.0156292517006804 0.029013605442177 0.0260884353741497
Stock impact report

Tesla Rout Continues as Shares Fall Another 6% Amid Tech Slump [TheStreet.com]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: TheStreet.com
Tesla(TSLAGet ReportTesla shares fell as much as 6% in premarket trading,extending losses that have lopped some $275 billion in market valueShares of Tesla have fallen nearly 30% since the end of January - a reflection of several factors ranging from rising bond yields amid expectations for higher inflation and the falling price of bitcoin to anticipation of a ramp-up in competition, particularly in Europe and China where COVID-inspired consumer subsidies and rebates have sparked a sales surge for all kinds of EVs, and not just those made by Tesla.Tech stocks in general suffered a setback in February amid rising bond yields, which in turn have moved higher on expectations that consumer prices could pick up faster than expected. The benchmark 10-year Treasury note’s yield has gained more than 65 basis points since late January. Last week, it rose above 1.5% for the first time since the pandemic began.The Saturday approval of President Joe Biden's $1.9 trillion stimulus package likely Show less Read more
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