Tesla’s share price hit its lowest point in a year Friday morning after the electric car maker significantly cut prices on its cars being sold in China. In the first hour after markets opened Friday, Tesla stock traded at $101.81, down 1.2% for the day and off nearly 74% from its 52-week high. But the stock rebounded and was up 8% to under $112 per share by mid-afternoon. The change in car...
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asia
autonomous vehicles
electric vehicles
Tesla Stock Hits New Low Following Price Cuts in China
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