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Tesla’s worst ever fall leaves investors shaken – The Australian Financial Review
Tesla’s market value has fallen by more than CSL’s market cap in five sessions. Is more pain to come?
GM will produce its marquee hydrogen fuel-cell electric “pick-up truck” in return for an 11 per cent equity stake in Nikola.
That added to pressure spilling over from Friday, when it was revealed that Tesla had not been added to the S&P 500 on the latest rebalance despite reporting its forth consecutive profitable quarter in the period ended June 30.
The colourful profile of Elon Musk has added to the split between Tesla bulls and bears. Getty
The blow to Tesla’s share price on Monday saw…
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