Skip to main content

Tesla stock ‘marked down’ for ‘variety of reasons’

Tesla's stock has been "marked down" in the markets due to a "variety of reasons," according to CommSec's Tom Piotrowski. “Concerns about margins, growth in China, the picture in China generally, it’s cost-cutting that has been a feature – price cutting in relation to its products,” Mr Piotrowski told Sky News Australia. “The stock has fallen by about 20 per cent over the course of the last three weeks.” Presented by CommSec. Via news.com.au — Australia’s leading news site https://www.news.com.au

Comments

Popular posts from this blog

Deadly heat wave slams Canada, US

Millions of people in western Canada and the northwestern United States were under heat alerts Wednesday as the region baked in record-breaking temperatures and police reported scores of deaths likely linked to the scorching conditions. Via news.com.au — Australia’s leading news site https://www.news.com.au