Tesla's stock falls 10% after weak earnings
Edited By WION Video Desk
Published: Apr 21, 2023, 06:45 IST | Updated: Apr 21, 2023, 06:45 IST
On Thursday, Tesla shares plunged more than 10% as CEO Elon Musk implied that the electric vehicle manufacturer would continue to reduce costs in order to increase demand. On Thursday, Tesla lost more than $50 billion in market value, and the company's shares fell to their lowest level since January.
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