Is Tesla Stock A Buy In Current Tech Sell-Off?
- Date: 14-May-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Is Tesla Stock A Buy In Current Tech Sell-Off?
Tesla (NASDAQ:) is again in a deep bearish spell. Shares of the electric car-maker have shed 27% during the past three months, massively underperforming the high-growth technology stocks.
After reaching a record high of $900.40 on Jan. 27, the stock closed Thursday at $571.69, down about 36%. During the same period, the tech-heavy fell 3%.