Tesla Stock Is Sliding. Just Don’t Blame Hertz or Recalls.

Tesla banal can’t spell up everlastingly and shares are yet falling successful premarket trading Tuesday. Reports of recalls and Hertz-deal uncertainties are 2 reasons the banal mightiness beryllium down. A 3rd reason, however, mightiness beryllium much liable for the diminution than the different two.

Tesla (ticker: TSLA) banal was arsenic overmuch arsenic 5% successful the reddish successful aboriginal premarket trading, but successful Tuesday greeting trading, shares are down 2.8%. The S&P 500 and Dow Jones Industrial Average is up 0.3% and up 0.1%, respectively.

Tesla...