Tesla Motors Inc (TSLA) Shares Have Slumped 38% So Far This Year

Mani

Published onFebruary 9, 2016

Updated on May 13, 2021

Tesla Motors Inc (NASDAQ:TSLA) shares plunged 9% on Monday as investors worried that the electric car maker’s production delays will put undue strain on its balance sheet. Several firms, including Stifel, warn that the Silicon Valley electric luxury car maker may not be able to do much to stave off short-term bears.

Tesla shares log biggest loss since September 2014

Tesla shares' 9% decline on Monday marked the biggest loss since September 2014. The former Wall Street darling started underperforming as its shares dropped to their lowest level in slightly more than two years....

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations.He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications.His hobbies are tracking global financial developments and watching sports