13-07-2020 19:41 via uk.finance.yahoo.com

Tesla taps brake on massive stock rally

Shares of Tesla surged 16% early in the session before joining a sell-off along with other big-name Nasdaq stocks, including Amazon , Microsoftand Nvidia , that have outperformed in recent months.With investors betting Tesla could show a quarterly profit in its July 22 report and potentially join the S&P 500 index , traders at one point on Monday paid $1,794.99 per share, a premium of almost $300 over Tesla's previous closing price.Only the second daily decline for Tesla in 10 sessions came
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