Tesla loses $175 billion after breakneck rally swoons
Tesla loses $175 billion after breakneck rally swoons
By Esha Dey and Kristine Owram | Bloomberg
Tesla lost nearly $175 billion from its valuation, heading for the biggest two-day slide in 14 months, as the surge in shares lost momentum amid a host of negative news.
The drumbeat of adverse headlines reached a crescendo after Elon Musk’s Twitter poll that asked voters over the weekend if he should sell 10% of his stake in the electric-vehicle company…