Tesla Won’t Stop Falling Until Musk Stops Selling. Here’s Where the Stock Is Headed. | Barron’s
stock has been having a terrible week, and it’s likely to get worse for the shares before it gets better. There are a few reasons for that. One is technical, the other is CEO Elon Musk.
The week started out shakily. The stock fell 8.6% Monday after
reported weaker-than-expected third-quarter deliveries the day before. The company delivered 343,830 vehicles, short of the roughly 360,000 that Wall Street expected.