Tesla tumbles 20% following report of SEC probe
Tesla tumbles 20% following report of SEC probe
By Esha Dey | Bloomberg
Tesla’s selloff intensified Monday following a report that regulators opened an investigation into the electric-vehicle company, briefly pushing the stock to its biggest four-day decline since March.
The stock fell as much as 6.4% to $950.50 in morning trading in New York. That is a 23% decline from the record closing high of $1,229.91 touched barely a month ago on Nov. 4.…
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