Why Tesla Stock Dropped Wednesday

Motley Fool2021-03-25

The EV leader is making a bigger move into the Bitcoin market. What happened Shares of Tesla (NASDAQ:TSLA) fell 4.8% on Wednesday after CEO Elon Musk announced that customers could now purchase its ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

xuanlin
2021-03-25
xuanlin
Hold
Kel26
2021-03-25
Kel26
Bitcoin might be the future dominant currency.
Leklek1981
2021-03-25
Leklek1981
Dangerous
- Nisnivlek:
  Steady lah
- AshleySpace:
  [喷血]
- Hummingbirdx:
  [捂脸]
HOSEH
2021-03-25
HOSEH
It’s still dropping. But I think it’s due to market correction currently? I believe that Teslawill go back up and will go even stronger. AsEV is the future in thingy. ?
jlwm
2021-03-25
jlwm
hold the line
Ak91
2021-03-25
Ak91
Sad
- MasterStonker:
  Everything dropped

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1198172353?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-25 15:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1198172353","market":"us","top_or_hot":-1,"title":"Why Tesla Stock Dropped Wednesday","media":"Motley Fool","content":"<div>\n<p>The EV leader is making a bigger move into the Bitcoin market.\nWhat happened\nShares of Tesla (NASDAQ:TSLA) fell 4.8% on Wednesday after CEO Elon Musk announced that customers could now purchase its ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/24/why-tesla-stock-dropped-today/\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Dropped Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tesla Stock Dropped Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-25 15:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/24/why-tesla-stock-dropped-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The EV leader is making a bigger move into the Bitcoin market.\nWhat happened\nShares of Tesla (NASDAQ:TSLA) fell 4.8% on Wednesday after CEO Elon Musk announced that customers could now purchase its ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/24/why-tesla-stock-dropped-today/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://www.fool.com/investing/2021/03/24/why-tesla-stock-dropped-today/","article_id":"1198172353","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1198172353","pubTimestamp":1616658070,"sourceInfo":null,"weMediaInfo":null,"summary":"The EV leader is making a bigger move into the Bitcoin market.\nWhat happened\nShares of Tesla (NASDAQ","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"特斯拉股价周三下跌的原因","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"The EV leader is making a bigger move into the Bitcoin market.\nWhat happened\nShares of Tesla (NASDAQ:TSLA) fell 4.8% on Wednesday after CEO Elon Musk announced that customers could now purchase its electric vehicles with Bitcoin (CRYPTO:BTC).\nSo what\nTesla disclosed in February that it invested $1.5 billion in Bitcoin. It said at the time that it expected to begin accepting the cryptocurrency as a form of payment for its vehicles \"in the near future.\" Today, Musk made it official.\nTESLA IS BETTING BIG ON BITCOIN. IMAGE SOURCE: GETTY IMAGES.\nNotably, Tesla will keep the Bitcoin it receives from its customers, rather than convert it into fiat currency like the U.S. dollar. That will increase Tesla's exposure to the cryptocurrency's wild price swings, which could make some shareholders uneasy.\nNow what\nTesla's initial investment bolstered Bitcoin's legitimacy among investors and corporate management teams. Combined with Musk's support of Bitcoin on social media sites like Twitter, Tesla's foray into digital assets helped to drive the cryptocurrency's price up to record highs above $60,000 earlier this month. Now, Tesla's move to accept Bitcoin payments could lead other companies to follow suit.\nStill, these moves arguably make Tesla's stock a riskier investment, as shareholders must now accept the inherent risks of having a growing portion of their capital allocated to a highly volatile digital currency. Investors may demand a lower price to account for these risks, which might have contributed to the stock's move lower today.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":358130516,"gmtCreate":1616671187235,"gmtModify":1704797170666,"author":{"id":"3575152506937716","authorId":"3575152506937716","name":"xuanlin","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575152506937716","authorIdStr":"3575152506937716"},"htmlText":"Hold","listText":"Hold","text":"Hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358130516","repostId":1198172353,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":358107812,"gmtCreate":1616670075136,"gmtModify":1704797155448,"author":{"id":"3571003730304627","authorId":"3571003730304627","name":"Kel26","avatar":"https://static.tigerbbs.com/a06b9e1fe81fc1f09149063082b90dc3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571003730304627","authorIdStr":"3571003730304627"},"htmlText":"Bitcoin might be the future dominant currency.","listText":"Bitcoin might be the future dominant currency.","text":"Bitcoin might be the future dominant currency.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358107812","repostId":1198172353,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":358109840,"gmtCreate":1616668966980,"gmtModify":1704797145675,"author":{"id":"3574756231798626","authorId":"3574756231798626","name":"Leklek1981","avatar":"https://community-static.tradeup.com/news/3e656e86512c7187cb6736d6f0274de0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574756231798626","authorIdStr":"3574756231798626"},"htmlText":"Dangerous&nbsp;","listText":"Dangerous&nbsp;","text":"Dangerous","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/358109840","repostId":1198172353,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3885022,"gmtCreate":1616712008203,"gmtModify":1680781749817,"authorId":3571992769878529,"author":{"id":3571992769878529,"idStr":"3571992769878529","authorId":3571992769878529,"name":"Nisnivlek","avatar":"https://static.tigerbbs.com/da7e63ae933a3a94693af3ca8b29c972","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.09.22","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":358109840,"type":1,"supId":0,"prevId":0,"content":"Steady lah","text":"Steady lah","html":"Steady lah"},{"id":3882051,"gmtCreate":1616679549869,"gmtModify":1680781700156,"authorId":3578886966105998,"author":{"id":3578886966105998,"idStr":"3578886966105998","authorId":3578886966105998,"name":"AshleySpace","avatar":"https://static.tigerbbs.com/86ceb5655988ed5ab92e6a5a06450942","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.30","exceedPercentage":"93.59%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":358109840,"type":1,"supId":0,"prevId":0,"content":"[喷血]","text":"[喷血]","html":"[喷血]"},{"id":3882092,"gmtCreate":1616679669729,"gmtModify":1680781699516,"authorId":3567304065816260,"author":{"id":3567304065816260,"idStr":"3567304065816260","authorId":3567304065816260,"name":"Hummingbirdx","avatar":"https://community-static.tradeup.com/news/d980107f7fddfae181d94b180790fa9b","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.30","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":358109840,"type":1,"supId":3882051,"prevId":0,"content":"[捂脸]","text":"[捂脸]","html":"[捂脸]"}],"langContent":"EN"},{"id":358316193,"gmtCreate":1616662176412,"gmtModify":1704797056194,"author":{"id":"3569046636135912","authorId":"3569046636135912","name":"HOSEH","avatar":"https://static.tigerbbs.com/40f64f97cda0f2278523b0eb51bd4911","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569046636135912","authorIdStr":"3569046636135912"},"htmlText":"It’s still dropping. But I think&nbsp;it’s due to market correction currently? I believe that Teslawill go back up and will go even stronger. AsEV is the future in thingy. ?","listText":"It’s still dropping. But I think&nbsp;it’s due to market correction currently? I believe that Teslawill go back up and will go even stronger. AsEV is the future in thingy. ?","text":"It’s still dropping. But I think it’s due to market correction currently? I believe that Teslawill go back up and will go even stronger. AsEV is the future in thingy. ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358316193","repostId":1198172353,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":358334017,"gmtCreate":1616661489939,"gmtModify":1704797044698,"author":{"id":"3553591637914566","authorId":"3553591637914566","name":"jlwm","avatar":"https://static.tigerbbs.com/89b85190623c1a52808a4f482fec9cd0","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3553591637914566","authorIdStr":"3553591637914566"},"htmlText":"hold the line&nbsp;","listText":"hold the line&nbsp;","text":"hold the line","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358334017","repostId":1198172353,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":358392036,"gmtCreate":1616660174825,"gmtModify":1704797028315,"author":{"id":"3573276404004652","authorId":"3573276404004652","name":"Ak91","avatar":"https://static.tigerbbs.com/0578c6f4e6345562f2d636b87cc2b9fd","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573276404004652","authorIdStr":"3573276404004652"},"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358392036","repostId":1198172353,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3879525,"gmtCreate":1616661062327,"gmtModify":1680781669513,"authorId":3561713422683896,"author":{"id":3561713422683896,"idStr":"3561713422683896","authorId":3561713422683896,"name":"MasterStonker","avatar":"https://community-static.tradeup.com/news/a1f9b1071e75ec59572f7ba9bbb0a4ed","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.35%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":358392036,"type":1,"supId":0,"prevId":0,"content":"Everything dropped","text":"Everything dropped","html":"Everything dropped"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":12,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1198172353"}