Shares in the world’s biggest electric car maker are down 64% over the past 12 months.
The Tesla Inc. (Nasdaq: TSLA) stock has started the new year with a whimper.
Shares in electric car giant slumped 12% on 3 January to close at US$108.10 each, hitting their lowest level in 2.5 years. It has recovered some ground since then, but the stock is still down 64.3% over the past 12 months.
This has led to its owner Elon Musk becoming the first man in the…
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