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0.000514224264346448 0.00249291230814347 0.00405709257991976 0.00381268941245479 0.00381268941245479 0.00381268941245479 0.00381268941245479 0.00381268941245479
Stock impact report

Tesla stock and bonds drop as investors fret about costs and safety [Toronto Globe and Mail (Ontario, Canada)]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla stock and bonds drop as investors fret about costs and safety Tesla Inc.’s stock and bonds tumbled on Monday as investors worried about the automaker’s cash burn and problems with an Autopilot system that chief executive officer Elon Musk has held out as key to the electric car maker’s future. Tesla’s stock fell 3.8 per cent to US$23.3, bringing its loss to 11 per cent since the National Transportation Safety Board said on Thursday that the Autopilot system was engaged during a fatal collision of a Model 3 on March 1, in at least the third deadly U.S. crash reported involving the driver-assistance system. Investors were also spooked after Mr. Musk told employees on Thursday he would increase cost-cutting and that US$2.7-billion in recently raised capital would give Tesla just 1 months to break even at the rate it burned cash in the first quarter. Story continues below advertisement Earlier in the session, Tesla sank below US$2 for the first time since December 216. “We believe t Show less Read more
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