Why Tesla Stock Was Pulling Back Today

Tesla finally hit a speed bump after a blistering post-election rally.After a dramatic bull run following the election of Donald Trump last week, Tesla (TSLA -6.00%) shares are finally cooling off today, pulling back in line with a broader sell-off as the S&P 500 is headed for its first decline since the election.There was no major company-specific news out on Tesla, though Hertz Global again offered evidence that demand for electric vehicles (EVs) isn't as strong as bulls have hoped. Investors appear to be ...