Tesla's downturn continues – USD 10 billion valuation lost in one week

Tesla equity showed a brief recovery last week, but now the carmaker's downturn continues.
Photo: Kiichiro Sato/AP
Photo: Kiichiro Sato/AP
By Ritzau

US-based electric car manufacturer Tesla simply cannot get into gear. The company's share price lost value for five days in a row – Monday was no exception, and Tesla equity declined by 4.4 percent to USD 256.56.

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