Elon Musk took the stage at the
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Tesla is dropping after Elon Musk says the stock price is 'higher than we have any right to deserve' (TSLA)
Elon Musk took the stage at the National Governors Association summer meeting and sent his company's stock price lower with his remarks.
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The company is getting ready for the big Model 3 launch later this month. Tesla has added hundreds of service technicians to its fleet to help deal with an expected service demand increase. Shares jumped after Tesla announced the service additions.
Tesla is currently trading at $316.97 on Monday.
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This story has been updated to include Elon Musk's expanded comments.
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