keenantk
2021-03-17
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Why Tesla Stock Fell Sharply on Tuesday
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The electric car maker slid by as much as 5.2%, and ended the trading day down by 4.4%.</p>\n<p>That decline was likely primarily due to a broad pullback in the prices of manygrowth stockstoward the end of the session.</p>\n<p><b>So what</b></p>\n<p>The <b>S&P 500</b> market index retreated from a gain during the middle of the trading day to end it down by 0.2%. Lots of growth stocks, however, fell by several percentage points or more.</p>\n<p>The bearish trend in the market during the last few hours of trading reflected caution on Wall Street ahead of a news conference Fed Chairman Jerome Powell will hold Wednesday. Some investors may be concerned about how his remarks could impact the market.</p>\n<p>Tesla has been an especially volatile stock this year, rising to a price just above $900 in January and then falling to below $550 in early March. The price has recovered quite a bit in the past couple of weeks, but Tuesday's decline left the shares at about $677. Given that Tesla is a growth stock in its purest form, such wild volatility shouldn't be considered unusual.</p>\n<p><b>Now what</b></p>\n<p>Meanwhile, Tesla management says it expects vehicle sales to soar by more than 50% in 2021 compared to 2020, when it delivered about 500,000. Analysts have big expectations, too. On average, they're forecasting the company's fiscal 2021 revenue will increase by 53%.</p>\n<p>The problem, of course, is that high expectations are already baked into Tesla's stock. While it's always possible that the automaker will exceed even the most bullish analysts' views, investors should prepare for more volatility, which is quite normal for stocks that have a lot of anticipated growth priced in.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Fell Sharply on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tesla Stock Fell Sharply on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:56 GMT+8 <a href=https://www.fool.com/investing/2021/03/16/why-tesla-stock-fell-sharply-on-tuesday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric vehicle maker is now trading about 25% below the all-time high it hit earlier this year.\nWhat happened\nShares of Tesla (NASDAQ:TSLA) took a hit on Tuesday. The electric car maker slid by ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/16/why-tesla-stock-fell-sharply-on-tuesday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/03/16/why-tesla-stock-fell-sharply-on-tuesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192607248","content_text":"The electric vehicle maker is now trading about 25% below the all-time high it hit earlier this year.\nWhat happened\nShares of Tesla (NASDAQ:TSLA) took a hit on Tuesday. The electric car maker slid by as much as 5.2%, and ended the trading day down by 4.4%.\nThat decline was likely primarily due to a broad pullback in the prices of manygrowth stockstoward the end of the session.\nSo what\nThe S&P 500 market index retreated from a gain during the middle of the trading day to end it down by 0.2%. Lots of growth stocks, however, fell by several percentage points or more.\nThe bearish trend in the market during the last few hours of trading reflected caution on Wall Street ahead of a news conference Fed Chairman Jerome Powell will hold Wednesday. Some investors may be concerned about how his remarks could impact the market.\nTesla has been an especially volatile stock this year, rising to a price just above $900 in January and then falling to below $550 in early March. The price has recovered quite a bit in the past couple of weeks, but Tuesday's decline left the shares at about $677. Given that Tesla is a growth stock in its purest form, such wild volatility shouldn't be considered unusual.\nNow what\nMeanwhile, Tesla management says it expects vehicle sales to soar by more than 50% in 2021 compared to 2020, when it delivered about 500,000. Analysts have big expectations, too. On average, they're forecasting the company's fiscal 2021 revenue will increase by 53%.\nThe problem, of course, is that high expectations are already baked into Tesla's stock. While it's always possible that the automaker will exceed even the most bullish analysts' views, investors should prepare for more volatility, which is quite normal for stocks that have a lot of anticipated growth priced in.","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":20,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/324032021"}
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