Tesla shares fall 7% in worst trading day in nearly a year despite strong delivery numbers
By
Lora Kolodny
3d ago· 1 min readenNews
Summary
A brief news blurb reporting that Tesla stock dropped 7% in its worst single-day performance in nearly a year, despite the company releasing a strong deliveries report. The decline comes amid broader challenges including consecutive annual sales declines and consumer backlash against CEO Elon Musk.
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Key quotes
· 2 pulledTesla stock sinks 7% despite strong deliveries report, posting worst day in nearly a year
Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.
Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.
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