Tesla plunges and dives – "code red" for Elon Musk

Tough times continue for Tesla, which is impacted by analysts' skepticism following a lackluster early 2019 featuring a first quarter deficit and negative cash flow.
Photo: Kiichiro Sato/AP
Photo: Kiichiro Sato/AP

US electric carmaker Tesla's equity continues to plummet, having depreciated in nine of the last 11 trading days. Monday, the share price recedes by 3.4 percent to USD 203.82 after having dipped below USD 200 for the first time since December 2016.

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