why is tesla stock dropping this morning

All of this sent investors scurrying and helped cause the SP 500 to drop more than 1 this morning. Tesla Stock prices dropped after the electric vehicle maker indicated that it failed to meet its forecasts for deliveries.

Tesla Stock Slides To 52 Week Low On Mixed Earnings Despite Buyback News

General Motors and Ford are down about 2 and 11 respectively.

. ET after dropping nearly 3 earlier. Tesla stock is down 54 in late trading Friday as investors reel from Twitter-related chaos including the announcement of mass layoffs. Why Tesla Stock Dropped Monday Morning.

As of 1210 pm. The company reported revenue of 1196. ET the stock was off its session low.

As of 1143 am. 2 hours agoShares of Tesla Inc. The high-profile electric vehicle EV maker saw its share price dip by nearly 3 a.

Weve detected you are on Internet. Supply chain snarls at the companys newer facilities in Texas and Germany also hurt production with analysts warning that these issues may crimp Teslas profits. TSLA had a forgettable Tuesday as far as its stock was concerned.

The Automotive Industry Is Navigating Headwinds Reuters The past year has been tough on the automotive industry as car manufacturers are. Tesla stock dropped as a result of global economic problems war supply chain issues and more as well as a loss of investor trust in Elon Musk. Teslas drop comes after another bit of news surfaced related to the vertical.

Teslas stock drop since Musk announced the deal in April has been much steeper than its automaker peers. TSLA -396 dropped 38 in afternoon trading adding to the 36 drop in the previous session and to put them in danger of the first sub-200 close in 17. The company plans to reduce the price of electric vehicles.

Tesla shares were lower by 16 as of 11 am. That has led to a decline in the shares this morning with the stock reaching its lowest level in 18 months. ET Monday Tesla shares were down 5.

Why Tesla Shares Are Dropping. TSLA shares have started off the week on a negative note. Why did Tesla stock drop.

The main reason is linked to supply-chain problems after the company announced that production in 2022 will be affected by the. The whole stock market is pretty much in the red today and the tech-heavy Nasdaq in particular many. The most likely culprit for Teslas decline today is simply volatility.

So then why is Tesla stock dropping. Breaking a two-day winning streak.

Why Tesla Stock Soared 46 3 In November Nasdaq