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Tesla stock slips 2% as SpaceX continues to climb: what's hurting the EV stock

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Tesla shares fell about 2% to $402.39 in early trading even as the broader S&P 500 rose roughly 1.6%, indicating stock-specific weakness versus the market. The article says analysts have become more optimistic about near-term vehicle deliveries, which provides a mildly positive offset but no concrete new operating data.

Analysis

Tesla shares fell about 2% to $402.39 in early trading even as the broader S&P 500 rose roughly 1.6%, indicating stock-specific weakness versus the market. The article says analysts have become more optimistic about near-term vehicle deliveries, which provides a mildly positive offset but no concrete new operating data.

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