Nasdaq TSLA Tesla

The Nasdaq tumbled on Tuesday as investors dumped high-flying technology stocks, while Tesla tracked its worst day in nearly six months after a surprise exclusion from the S&P 500.

Tesla Inc tumbled as much as 20% on Tuesday after its surprise exclusion from the S&P 500 index added to the broader sell-off in technology stocks, which have dominated Wall Street's recovery from the coronavirus-driven crash earlier this year.

What happened Shares of Tesla (NASDAQ: TSLA) were slammed on Tuesday, falling as much as 19.7%. As of 10:05 a.m. EDT, the stock was down 17.3%

The Nasdaq plunged another 3% on Tuesday as investors sold off shares of Tesla and other tech heavyweights, while simmering U.S.-China tensions and concerns over a rocky economic rebound also weighed on sentiment.

There are times when the best approach is not to "buy low and sell high," as the adage goes, but to "buy high and sell higher." That strategy is known as momentum investing.

There are many ways of classifying stocks, but one distinction that's a little less obvious might be the most important, and that's growth versus value.

A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".

A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".

The Nasdaq was set to open sharply lower on Tuesday as investors sold off shares of Tesla and other tech heavyweights after a long weekend, while simmering U.S.-China tensions and concerns over a rocky economic rebound also weighed on sentiment.

Tesla Inc tumbled 15% early on Tuesday after its surprise exclusion from the S&P 500 index added to the broader sell-off in technology stocks which have dominated Wall Street's recovery from the coronavirus-driven crash earlier this year.

General Motors Co said on Tuesday it was acquiring an 11% stake in U.S. electric truck maker Nikola Corp, worth about $2 billion, and will team up with the nascent company to make a pick-up truck powered by a battery-electric system and or fuel cell variants.

The NASDAQ 100 Pre-Market Indicator is down -420.68 to 11,201.45. The total Pre-Market volume is currently 38,904,691 shares traded.The following are the most active stocks for the pre-market session: Nikola Corporation (NKLA) is +11.19 at $46.74, with 7,196,663 shares traded. N

With a contentious election ahead and continued saber-rattling between the US and China, we suspect investors are likely to be a tad more cautious and selective as we put the Labor Day holiday in the rearview.

Nasdaq futures tumbled on Tuesday as traders returning from a long weekend sold off shares of Tesla and other tech heavyweights, while simmering U.S.-China tensions and concerns over a rocky economic rebound also weighed on sentiment.

A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".

Robots are not efficient enough for Tesla's new car factory in Germany, which plans to replace hundreds of them with giant aluminium casting machines to build simpler chassis parts, a person familiar with the matter told Reuters.

Futures tracking the Nasdaq 100 index fell 2% on Monday, on the first full trading day after a report said SoftBank made significant option purchases during a Wall Street rally since a coronavirus-driven crash in March.

A micro electric vehicle (EV) by General Motors' local Chinese joint venture becomes the most sold EV model in China, with 15,000 cars sold in China last month, followed by Tesla Inc's 11,800 Model 3 sedans, industry data showed.

U.S. electric vehicle maker Tesla Inc sold 11,800 Shanghai-made Model 3 vehicles in China in August, up from 11,000 units in July, according to the China Passenger Car Association (CPCA).

U.S. stock futures and Asian shares regained some footing on Tuesday following a small bounce in European shares as investors looked to whether high-flying U.S. tech shares could recover from their recent rout.