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Tesla’s share price has nose dived and it could get worse – NEWS.com.au

Tesla’s share price has nose dived and it could get worse

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The worlds most valuable car company is now a lot less valuable.Tesla’s share price continues to tumble, slashing hundreds of billions of value off the electric car maker – and making billionaire chief Elon Musk a little less wealthy (about $US77 billion less wealthy).
Since peaking at $US883 per share in January, the value of the world’s biggest electric car maker has dived 36 per cent – or almost $US300 billion – to $US563 per share. That’s about $392 billion in our money.
Tesla’s late January…

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