Surprising China news sends Tesla's stock reeling
Here’s what happened to the EV giant.
Tesla (TSLA) shares misplaced 3% on Mar. 4 following Monday’s drop. Amid frail sales, tariff worries, and CEO Elon Musk’s intensifying political characteristic, the stock has misplaced a third of its market cost since President Donald Trump took keep of job.
Records from the China Passenger Automobile Affiliation confirmed that Tesla’s February wholesale quantity, which involves exports and retail sales, dropped 49% year-over-year.
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