Why the Tesla Stock Rally Is Fading Today

Tesla (TSLA -4.56%) shares have been soaring since the U.S. election in early November. But as the trading week comes to a close, the stock is on track to have its second consecutive losing day.As of 12:35 p.m. ET Friday, Tesla shares were down 4.3%. Yet, they have still soared by 70% over the past three months. Most of that gain has come after Donald Trump won the U.S. presidential election with backing from Tesla CEO Elon Musk.Tesla needs a record fourth quarterThe pause in the rally is coming as we appro ...