Tesla Stock Is Sliding. Just Don’t Blame Hertz or Recalls.

Tesla banal can’t spell up everlastingly and shares are yet falling successful premarket trading Tuesday. Reports of recalls and Hertz-deal uncertainties are 2 reasons the banal mightiness beryllium down. A 3rd reason, however, mightiness beryllium much liable for the diminution than the different two.

Tesla (ticker: TSLA) banal was down much than 5% successful aboriginal premarket trading. Shares are disconnected astir 3.6% arsenic of 9:15 a.m. eastbound time. S&P 500 and Dow Jones Industrial Average futures are some small changed.

Tesla...