Tesla Stock Falls After U.S. Price Hikes. Here’s How to Trade It Now.

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The Street

By Bret Kenwell Tesla stock is moving lower after disclosing a series of price hikes on U.S. vehicles. Here’s how to trade the stock now. Tesla (TSLA) – Get Tesla Inc. Report is raising the price of its cars, but that’s not raising its stock price. The Austin electric-vehicle giant’s shares at last check June 16 were down more than 9% from a day earlier. The action in the broad market isn’t helping. The S&P 500 has given up 3.5% and the Nasdaq is down 4.4% on the day. In the week through June 15, the S&P had fallen 2.8% and the Nasdaq had shed 2.1%. Still, the bulls were likely hoping that Tes…

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