Those, following the performance of the stock market know that yesterday was the day when we got the earnings report for all of the major companies. And let me tell you – these reports became the pain not only for the shares themselves but for the entire market as well. But no matter how big the losses are, none of them can compare to Tesla today. It seems that the electro-car manufacturer is not having the best of times as its stocks have plummeted down in fall so hard it is bound to make history. And we are the witnesses of it.

Some start to speculate that right now it is the perfect opportunity to buy the shares and wait for recovery but as one of the first rules of stock trading tells us, there is no point in doing that as there is no guarantee that the stock is going to recovery to the previous level and beyond that. Why did Tesla fail? Well, despite the popularity of it some still speculate that the pricing policy of the company is going to bring much more trouble for Tesla than good.

Of course we can’t know what Musk has hidden up his sleeve and how the markets are going to react to the new Tesla model which is to be issued next year but right now it is obvious – the company is not doing that well.

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