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
BY RITZAU FINANS

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.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading

Recent years have mauled global turbine industry, and German Nordex also notes growing deficits. | Foto: Nordex

Nordex deficit doubles in 2022

For subscribers