Shares of Tesla Inc. sank 2.8% in premarket trading Tuesday, after the electric vehicle maker extended the production suspension its Shanghai plant on...
Shares of Tesla Inc.
sank 2.8% in premarket trading Tuesday, after the electric vehicle maker extended the production suspension its Shanghai plant on Saturday as COVID infections surge in China. That puts the stock in danger of extending its losing streak to seven sessions, which would be the longest such streak since the seven-day stretch ended Sept. 5, 2018. Tesla’s stock has dropped 21.9% over the past six sessions, to cut market capitalization by about $109.
sank 2.8% in premarket trading Tuesday, after the electric vehicle maker extended the production suspension its Shanghai plant on Saturday as COVID infections surge in China. That puts the stock in danger of extending its losing streak to seven sessions, which would be the longest such streak since the seven-day stretch ended Sept. 5, 2018. Tesla’s stock has dropped 21.9% over the past six sessions, to cut market capitalization by about $109.
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