A Tesla supercharger station at Burbank Town Center, in Burbank on Friday, Sept. 4, 2020 in Burbank, CA. Kent Nishimura / Los Angeles Times via Getty Images Shares of Tesla continued to sell off for the third day, tumbling 15% amid wider tech-sector weakness. The remarks of Jerome Powell failed to ease concerns about the spike in longer-term US bond yields. The Nasdaq erased its year-to-date gains from its February 12 record close Sign up here for our daily newsletter, 10 Things Before the Opening Bell Shares of Tesla tumbled for a third day, extending their decline to 15% amid a wider tech sell-off as investors reallocate their portfolios away from stocks that outperformed during the pandemic.

 

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