Tesla Shares Plunge After Underwhelming Battery Day

Tesla lost as much as US$50 billion of its market capitalization after-hours on Tuesday, and continued to see its share price plunge on Wednesday after the EV manufacturer’s Battery Day event earlier in the day offered few details about the price of battery packs and not a single ground-breaking announcement.   Tesla’s (NASDAQ: TSLA) shares slumped by 5.6 percent in trading on Tuesday and shed another 6.9 percent in after-hours trade after what some analysts described as an “underwhelming” Battery Day event, especially…