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3 Reasons Tesla Stock Is So Volatile This Week
Barrons.com60d agoneutral
3 Reasons Tesla Stock Is So Volatile This Week

Tesla stock was lower early Wednesday after a flare-up in tensions in the Middle East, leaving investors nervous. Shares of the electric-vehicle maker were down 1.5% at $390.91 in premarket trading, while and futures were down 0.8% and 0.7%, respectively. The move came after the U.S. military retaliated after Iran downed an Apache helicopter, threatening a fragile cease-fire.

Tech Stock Selloff Rages On After U.S. Attacks Iran
Barrons.com60d agobearish
Tech Stock Selloff Rages On After U.S. Attacks Iran

The market looked set to drop again on Wednesday as investors continued to ditch some of the artificial-intelligence stocks that up until last week had been powering a seemingly unstoppable rally. The S&P 500 and the Nasdaq both closed lower on Tuesday as investors took some profit following a strong run for tech. The U.S. launched military strikes on Iran on Tuesday in retaliation for the downing of a helicopter near the Strait of Hormuz, fueling fears about whether the cease-fire between the two countries can hold.