Tesla tumbles 17 percent as electrifying rally loses power

By

Coronavirus takes toll on Shanghai factory.

Tesla tumbles 17 percent as electrifying rally loses power
Tesla's stock tumbled 17 percent on Wednesday, hitting the brakes on a dramatic rally as a senior executive said the coronavirus outbreak in China would delay deliveries of its Model 3 cars and analysts warned of its high valuation. With Tesla still up more than 25 percent since the company ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Westpac reveals AI cut data warehouse migration cost from $70m to $35m

Westpac reveals AI cut data warehouse migration cost from $70m to $35m

NAB deploys AI for staff called 'Ruby' that is built on Anthropic

NAB deploys AI for staff called 'Ruby' that is built on Anthropic

IAG's SAP migration brings process and data into sharp focus

IAG's SAP migration brings process and data into sharp focus

Meet Adapt, Westpac's Azure-based enterprise data platform

Meet Adapt, Westpac's Azure-based enterprise data platform

Log In

  |  Forgot your password?