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Tesla's stock takes a hit as Rational Advisors Inc. sells shares, and earnings fall short of expectations.
Financial advisory firm Rational Advisors Inc. sold 319 shares of Tesla, leaving them with 2,156 shares valued at about $559,000.
Meanwhile, Tesla reported a lower-than-expected earnings per share and revenue for the quarter.
Insiders and other institutional investors have also been adjusting their Tesla stock holdings recently, with some selling and others buying shares.
Tesla's market cap remains at $1.01 trillion.
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Las acciones de Tesla reciben un golpe a medida que Rational Advisors Inc. vende acciones, y las ganancias están por debajo de las expectativas.