Electric-vehicle giant Tesla, the most heavily traded international stock among Australian investors, has missed Wall Street estimates.
A drop of nearly 5 per cent in mid-week trading at the electric carmaker underscored that the pain of recent EV price cuts isn’t over.
Tesla’s travails also show that it will be tough going for traditional carmakers trying to build competing EV businesses.
Shares fluctuated around breakeven before the earnings conference…
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