Tesla Is Sinking Again Today: Is It Time to Buy the Stock?

Tesla (TSLA -6.98%) stock fell again on Monday after news broke of a major delay in its production plans. As of 2 p.m. ET, the company's share price was down 7.3%, while the S&P 500 was down 3.4% as the market responded to intensifying macroeconomic concerns.The company-specific news that investors were reacting to was that Tesla will delay the U.S. debut of the bare-bones version of its Model Y. That lower-priced new electric vehicle (EV) was slated to launch this quarter, but its launch will now be pushed ...