Visa has a strong earnings track record and is making more moves in digital payments. Is the stock a buy right now? Read More...
Motley Fool
Why Tesla Stock Tanked Again Today
For the second day in a row, electric car giant Tesla (NASDAQ: TSLA) saw its stock tumble, as it continued to be rocked by investor worries over a renewed risk of conflict between Russia and Ukraine, rising interest rates in the U.S., the expansion of a recent Model 3 and Model Y recall into China, and of course — Hitlergate. Tesla stock is down 3.6% as of 12:55 p.m. ET today. In a lengthy piece out this morning, iconic business news publication Barron’s explains how yesterday’s steep sell-off of Albemarle (NYSE: ALB) stock (Albemarle is a producer of lithium, used to manufacture the electric car batteries that power Tesla’s vehicles) could foreshadow an era of declining profitability at the carmaker.
Add Comment