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US Stock Market trading

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Tesla shares drop over 4% despite new factory announcement in China
April 11th, 2023 - 07:51 GMT

Tesla shares drop 4% despite plans for China plant

ALBAWABA - The shares of American electric car manufacturer Tesla dropped more than 4 percent during a U.S. stock market trading session, after falling another 3 percent in pre-market trading. The decline followed an announcement by Tesla CEO Elon Musk earlier in the day Monday that the company had signed a contract to open a new, massive production facility in the Chinese province of Shanghai, with actual production to begin ...
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