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Tesla’s deepening rout obliterates half of meteoric 2020 rally

Por: The Boston Globe Business December 28, 2022

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The tailspin in Tesla shares accelerated Tuesday as a report of a plan to temporarily halt production at its China factory rekindled fears about demand risks and put the stock on pace for its longest losing streak since 2018.Shares of the Elon Musk-led company fell more than 11 percent Tuesday to close at $109.10, for a seventh straight day of declines. The electric-vehicle maker’s market valuation has shrunk to roughly $357 billion, below... + full article



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