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

Curated via Twitter from Guardian Tech’s twitter account….

The sharp sell-off came after S&P Global, the company behind the S&P 500 index of top US companies, passed over Tesla for inclusion in the index – a move that had been expected to give Tesla’s share price another boost as index-fund investors added the stock to their portfolios.

Tesla has been one of the biggest winners of recent stock market rallies as investors have piled into tech companies during the pandemic.

Tesla has been one of the biggest winners of recent stock market rallies as investors have piled into tech companies during the pandemic.

Tesla has been one of the biggest winners of recent stock market rallies as investors have piled into tech companies during the pandemic.

Link to original article….

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