Tue, 06 Dec 2022 10:59:07 GMT
Tesla stock declines due to news from China
At the start of the days US trading, the stock price for Tesla declined by 3.00%. The stock price reacted to a report about production cuts in China.
It has been reported by Bloomberg news agency that Tesla has decreased its Model Y output in Shanghai by 20%, compared to November levels. The company has not responded to the reports.