Tesla Stock Is Down More Than 20% From Its High. How Low Can Shares Go?

 Tesla Stock Is Down More Than 20% From Its High. How Low Can Shares Go?

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https://www.barrons.com/articles/tesla-stock-bear-musk-51639436863


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Shares of electric-vehicle leader Tesla crossed into bear-market territory today. That statement is technically true, but also a little tiring. Stocks, individually, don’t have bear or bull markets. That terms should be reserved for, well, the overall market. Still, the big dip in a mega-cap stock is noteworthy leaving investors wondering what might come next.

Tesla (ticker: TSLA) stock closed down 5% at $966.41. The S&P 500 index and Dow Jones Industrial Average both closed down 0.9%.

The…


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