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Tesla Pulls Nasdaq Down 87 Points as Musk Scores Options Bonus; PACCAR Earnings Lift Stock

Dan Caplinger, The Motley Fool
·3-min read
Tesla Pulls Nasdaq Down 87 Points as Musk Scores Options Bonus; PACCAR Earnings Lift Stock

The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been the big winner in the stock market in 2020, easily outpacing the performance of its rival benchmarks. Both the Composite and the Nasdaq-100 Index were down around 1%, missing out on gains in other indexes like the Dow Jones Industrials and the Russell 2000. One of the biggest weights pulling down the Nasdaq on Tuesday was Tesla (NASDAQ: TSLA), which saw another huge potential transfer of wealth to its illustrious chief executive officer.

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