Tesla stock is tanking on delivery whiff and JPMorgan downgrade

Tesla stock is tanking on delivery whiff and JPMorgan downgrade

Tesla stock is picking right up where it left off in 2022: Lacking juice.

Shares of the EV maker fell more than 12% on Tuesday, the biggest one-day drop in more than two years. The stock at one point hit its lowest level since August 2020, with investors reacting to a lackluster fourth-quarter delivery figure released on New Year’s Day. Tesla was the top-trending ticker on the Yahoo Finance platform.

Tesla saw fourth-quarter deliveries rise 18% sequentially to 405,000, missing consensus…


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