Tesla risks a blowout as problems mount, but fans keep the hype machine in overdrive - News Summed Up

Tesla risks a blowout as problems mount, but fans keep the hype machine in overdrive


Tesla is beset by production problems and swimming in debt, its bonds are considered junk status, its stock has more people betting against it than any other major company. Tesla had said it would produce 20,000 Model 3s per month by the end of last year. Tesla Motors CEO Elon Musk unveils company products in 2015 in Hawthorne, Calif. (Ringo H.W. But by far the biggest problems for Tesla are financial. And Tesla stock has been volatile recently on all the bad news.


Source: CBC News April 21, 2018 07:52 UTC



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