Tesla shares slump as coronavirus hits China car registrations [Reuters]
Tesla, Inc. (TSLA)
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Source: Reuters
Tesla shares slump as coronavirus hits China car registrations (Reuters) - Shares of Tesla Inc ( TSLA.O ) fell as much as 14% on Thursday on concerns about the impact of the coronavirus on the electric-car maker’s vehicle registrations in China. Data from LMC Automotive showed that 3,563 Tesla vehicles were registered in China in January, up from 853 vehicles a year earlier, but down from the 6,613 vehicles registered in December. Tesla registrations fluctuate significantly from month to month, LMC data showed. The automaker typically delivers many more vehicles in the final month of a quarter than in the first month. In October 2019, Tesla owners registered just 763 vehicles, LMC data showed. Tesla did not respond to requests for comment. The selloff in Tesla shares highlights the growing concern about the health of the Chinese auto market as the government and companies contend with the disruption of the coronavirus outbreak. China Association of Automobile Manufacturers had earli
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- Safety regulator probing whether Tesla's recall of 2 million vehicles with Autopilot was adequate to fix safety threat [CNN]CNN
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- Safety regulator probing whether Tesla's recall of 2 million vehicles with Autopilot was adequate to fix safety threat [Yahoo! Finance]Yahoo! Finance
- Facebook Cofounder Says Tesla Has Committed "Consumer Fraud on a Massive Scale," Will End in Jail [Yahoo! Finance]Yahoo! Finance
- Tesla recalled its vehicles, but Autopilot crashes kept happening: feds [Business Insider]Business Insider
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Sec Filings
- 4/25/24 - Form 144
- 4/25/24 - Form DEFA14A
- 4/24/24 - Form 10-Q
- TSLA's page on the SEC website