Tesla Drops. NASDAQ Is In The Red

Elon Musk’s company plummeted on Wednesday, April 19, as NASDAQ is in the red. Tesla dropped from $186 to $180 per share. The automaker has been drifting sideways recently, looking for a stronger trend.

After the business reduced pricing for the sixth time this year on Wednesday, Tesla stock dropped. The Model Y All-Wheel Drive was one of the cutbacks, dropping by $3,000 to $46,990.

Late on Wednesday, Tesla is scheduled to announce its Q1 financial results. Revenue is anticipated to increase from a year ago but down from Q4.

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