Tesla Inc. shares took a beating on Wednesday after several analysts questioned whether customer demand for its two electric vehicles is waning as the company begins producing a cheaper sedan. The Silicon Valley auto maker’s shares fell nearly 5% in midday trading to $335.74—the lowest point in more than a month—after rising about 69% this year through last week on enthusiasm for the coming Model 3 sedan, which is central to Tesla’s...
Source: Wall Street Journal July 05, 2017 18:11 UTC