Tesla shares plummet 17% as investors sour on tech sector
Shares fell when US stock markets reopened after Labor Day while all major US markets were in the red Tuesday morning
Tesla’s share price crashed again on Tuesday as investors soured on the high-flying electric car company and the tech sector in general.
The company’s shares fell 17% when US stock markets reopened after the Labor Day holiday. The fall came amid a broader sell-off on the tech-heavy Nasdaq stock market, which dropped close to 3% in morning trading following similar falls last week.