Why Tesla Shares Are Diving Today

Tesla Inc (NASDAQ:TSLA) shares are trading lower by 6.74% at $629.44. Shares of several companies in the broader automotive space are trading lower amid a continued selloff in stocks.

Tesla shares are also trading lower by 15.46% over the trailing five sessions. CEO Elon Musk is also under fire following a Business Insider report outlining a sexual misconduct claim against Musk in 2018. SpaceX reportedly paid the victim $250,000. 


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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The stock also continues to trade lower amid overall market weakness along with uncertainty surrounding Elon Musk's Twitter deal. Some investors have shown concern for how much time Musk spends on the Twitter deal, possibly distracting him from his other businesses.

See Also: Why Pinterest Shares Are Sliding Today

According to data from Benzinga Pro, Tesla has a 52-week high of $1,243.49 and a 52-week low of $546.98.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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