(Bloomberg) — Tesla Inc. fell another 5.9% in premarket trading Friday, heading for its first four-day losing streak since pandemic fears were at their height in mid-March.The electric-vehicle maker’s ongoing rout came as U.S. tech stocks fell for a second day. Thursday’s plunge sent the Nasdaq 100 Stock Index tumbling 5.2%, its biggest decline since March 16. That erased about $730 billion of value from the high-flying benchmark, which prior to Thursday’s decline had gained 78% from its March lows.The index had previously gained in 11 of 13 sessions, hitting fresh records almost daily. Tesla had added nearly 500% this …read more
Source:: Yahoo Finance
