Why Stock's Tesla Crushed and Burned Again Today?



Tesla share stock slipped 2.5-3% in morning trading on the NASDAQ Wednesday, apparently hurt by a pair of bad news items and a barron's report just the day before.

As Barron's report, safety appears to be the main reason Tesla stock is struggling this week, as investors worry over news that one Tesla investor's new model S plaid Electric car burs into flames last week while a separate family has launched a wrongful death suit against the company, blaming the performance of its" Auto pilot" driver assistance software.

Some details are in order. Regarding the news from New York Post, a brand new  of Tesla Model S plain burst into flames on Pannsylvania Tuesday in a harrowing unexplained inferno. That's bad PR in and of itself, but what may make it worse in that the EV in question was owned by Susquehanna analyst Bart Smith.