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Tesla Stock Selloff Continues, and EV Values Are Making No Sense – Barron’s

The growth stock selloff accelerated, dragging down Tesla and other electric-vehicle stocks with it. Investors are selling first and asking questions later, leaving…

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The growth stock selloff accelerated Tuesday dragging down Tesla and other electric-vehicle stocks with it. Stocks have bounced off the bottom, but one consequence of the selloff is EV valuations are now scattered all over the place. Its difficult to decipher what the market is trying to tell investors. The
Nasdaq Composite
was down roughly 3% in early trading Tuesday after falling 2.5% Monday.
Tesla
stock (ticker: TSLA) fell almost 11%, but then clawed its way back to be down just about 2%…

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