Tesla Stock Price Falls – and Oil Prices Aren't the Big Problem
December 18, 2014 at 17:15 PM EST
The Tesla stock price opened at $212.38 today (Thursday), meaning the stock has fallen 27.1% since the all-time it hit in September. TSLA stock's dip has coincided with the plummet in crude oil prices. At this week's five-year low of $53.60 a barrel, WTI crude oil is now down 47.7% in the last six months. Brent oil trades just above $61 a barrel today. The global benchmark priced over $110 a barrel this summer. The post Tesla Stock Price Falls – and Oil Prices Aren't the Big Problem appeared first on Money Morning - Only the News You Can Profit From .