https://wccftech.com/tesla-drop-140-trading-coronavirus/

Tesla Inc has had a record-breaking run on the stock market over the past couple of days which has seen the company's market capitalize swell to $158 billion at the peak of a bull run that has obliterated short-sellers. At the close of trading yesterday, the company had a share price of $887.06, after it dropped by $87 a handful of minutes prior to 4:00 pm Eastern Time. During the day's trading yesterday, Tesla touched a new all-time high share price of $968.99, leaving the company less than $32 short of a $1,000 share price.

Well, after the company's executives confirmed that Model 3 deliveries from the Shanghai Gigafactory 3 will be affected due to the Coronavirus, Tesla is finally touching the ground on the open market. While there is no way for us to determine whether news of an event beyond Tesla's control can impact the company's share price to the extent that it has dropped today, especially when it has been known for a week that output from the Shanghai plant will drop, one can not help but speculate that this is indeed the case.