Tesla Shares Drop 7.6%, the Stock’s Lowest Level Since December 2016

Tesla shares closed at the lowest level in almost 2 1/2 years after Elon Musk called for a “hardcore” review of all the electric-car maker’s expenses and an analyst warned of potentially severe fallout from a fatal crash involving Autopilot. Musk, Tesla’s chief executive officer, wrote in an email to staff late Thursday that he […]

Tesla Stock Plunged Due to Fear of Auto Tariffs from China

The re-escalation of the U.S.-China trade war is hitting Tesla Inc. shares hardest among major automakers, with investors betting it won’t be long before cars crossing the two countries’ borders are again subject to bigger tariffs. Tesla plunged as much as 6.3% to $224.50, the lowest intraday since January 2017, after China defied U.S. President […]