Tesla stock is down more than 9% as it falls for a third straight session


Tesla Inc TSLA, -11.17% shares fell more than 9% in midday trading Tuesday, set to end at their lowest in two weeks and suffering their biggest one-day decline since Sept. 23, when they fell more than 10%. The stock has posted losses for three straight sessions, down 14.5% in the period. Over the weekend, Chief Executive Elon Musk set up a Twitter poll on whether he should sell some of his shares, sending the stock down, and brother and Tesla board member Kimbal Musk exercised stock options. Tesla shares are up 49% so far this year, compared with gains of around 25% for the S&P 500 index. SPX, -0.49%

This article was originally published by Marketwatch.com. Read the original article here.

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