Tesla shares dropped 27%

Note: This section contains information in English only.
Source: Dukascopy Bank SA

[ANNOUNCE] During the period from February 4 to February 5, the value of Tesla company's shares declined 27.29%. [/ANNOUNCE] 

Analysts think that there are two reasons for the drop. Firstly, Wall Street became predictably doubtful over the sustainability of the shares' significant rise. 

Secondly, a Tesla executive in China declared that delivery of Model 3 sedans would be delayed due to factory closure caused by coronavirus outbreak.

Actual Topics