Telsa stock dropped a great deal on Tuesday, 206 ETFs have Tesla Inc within its Top 15 holdings. The stock hit a 52 week high earlier in the year at 1243.89. The stock hasn’t held up even thought it posted a strong earnings report.
ETF Newz Says:
There is some concern that Elon will be selling a great deal of his stock in order to make the Twitter purchase. Today could be Elon selling, but also could be a confluence of factors with the market down and the anticipation of Elon selling.
