Tesla Stock Crashed Today. Why Elon Musk Thinks It's Time to Buy.

Investors knew electric vehicle (EV) sales have been slumping for Tesla (NASDAQ: TSLA). The EV leader announced a 13.5% year-over-year drop in second-quarter deliveries on July 2. Yet the stock is tanking today after Tesla reported its full second-quarter financial update today.Shares dropped as much as 10% before paring some of that loss. As of midday trading, Tesla stock was still down by about 9% after what was considered a disappointing report. Tesla bulls still might have a reason to buy the dip, however.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool