A Formal Investigation of Tesla Motors
From the Motley Fool's brand new studio in New York, this very special Investor Beat features host Chris Hill and Motley Fool co-founder and CEO Tom Gardner, as they discuss three major headline stocks making moves today.
Shares of Tesla Motors continue to fall, down 4% this morning on news that the National Highway Traffic Safety Administration will take a formal look into reported incidents of fires in Tesla's Model S electric car. Shares have pulled back nearly 40% in recent weeks from its all-time high. Should investors be worried? In this segment, Chris and Tom discuss the number of fires that have occurred with the Model S when compared to standard gasoline-powered vehicles, and note that the farther this stock price falls, the more attractive it may start to become for long-term investors looking to pick up shares on the cheap.
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The article A Formal Investigation of Tesla Motors originally appeared on Fool.com.Chris Hill and Tom Gardner have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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