Tesla Stock Plunges 22% in 1 Month as Trump Trade Fallout’s Biggest Loser

By CCN: In less than one month, the share price of the Tesla stock has dropped from $273 to $211 by more than 22.7 percent following the fall out of recent trade discussions. While Tesla bulls remain optimistic about the long-term prospect of the firm, some strategists are concerned about the cash flow of the business and the performance of the company in key markets such as China. Intensifying criticisms from short sellers, a report of an alleged autopilot system malfunction, a serious cash flow issue, and the ongoing trade dispute between the U.S. and China are said to have

The post Tesla Stock Plunges 22% in 1 Month as Trump Trade Fallout’s Biggest Loser appeared first on CCN

Source: https://www.ccn.com/tesla-biggest-loser-of-trade-fallout-22-plunge-in-1-month

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