Why Tesla Stock Is Down (Nasdaq: TSLA)

Tesla Motors Inc. (Nasdaq: TSLA) stock tumbled Wednesday after CEO Elon Musk said the company might not be profitable until 2020 and that sales slowed in China amid charging concerns. Tesla stock slumped some 9% to $185 (yesterday's low) on brisk volume right out of the gate. Shortly before noon, TSLA was down 7% at $190. The post Why Tesla Stock Is Down (Nasdaq: TSLA) appeared first on Money Morning - Only the News You Can Profit From .