Tesla set to erase $70 billion in valuation after Musk's sales warning

Tesla set to erase $70 billion in valuation after Musk's sales warning

Upworthy

Published

Tesla tumbled nearly 11% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already hurt margins and raised investor concerns at the world's most valuable automaker. Musk said growth would be "notably lower" as Tesla (NASDAQ: ) focuses on a…

#tesla #elonmusk #tdcowen #rivian #fisker #ford #byd #michaelhewson #cmcmarkets #apple

Full Article