News Snapshot:
Tesla stock drops again amid sluggish sales in China PUBLISHED BY Tesla to lose millions as Stellantis ends CO2 credit buying deal Tesla stock nosedived Thursday after a report came out claiming that an inside source confirmed new orders are rapidly declining in China, the world’s biggest EV market. According to an unnamed source, The Information reported that the automaker’s net new orders fell to 9,800 last month, which is significantly down from the previous month and from a high of over 21,000 in March. This is the automaker’s longest weekly losing streak since March 2018 and comes as investors...
