Read more about Tesla shares sink below the price at which it entered S&P 500 index on Business Standard. The stock dropped as much as 12% to $627.10 in New York on Tuesday
Inc. shares wiped out their year-to-date gains Tuesday and traded below the level where they were when the electric-carmaker entered the Index in December. The stock dropped as much as 12% to $627.10 in New York on Tuesday, its biggest intraday decline since Sept.