Tesla shares drop sharply in broader tech selloff, falling 17% in morning trading

Tesla shares drop sharply in broader tech selloff, falling 17% in morning trading

4 years ago
Anonymous $rxtAWepgzY

https://techcrunch.com/2020/09/08/tesla-shares-drop-sharply-in-broader-tech-selloff-falling-17-in-morning-trading/

Last Thursday and Friday’s public market selloff has stretched into this week, with the tech-heavy Nasdaq Composite off 2.5% this morning. But while tech shares are down broadly to start the holiday-shortened week — and are taking stick for bringing down even broader indices — some well-known technology, and technology-ish companies are suffering even more.

Tesla is one such company, with its equities shedding around 17% of its value in early trading today.