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  • Tesla’s stock falls 5% as Elon Musk’s ‘Master Plan 3’ is short on details about both cars and finances

Finance

Tesla’s stock falls 5% as Elon Musk’s ‘Master Plan 3’ is short on details about both cars and finances

03/02/2023
Bitcoin Ethereum News

Tesla Inc. shares tanked more than 5% in the extended session Wednesday after the electric-vehicle maker teased a “next generation” electric-vehicle platform but stopped short of unveiling details.

At the end of a four-hour investor day, Chief Executive Elon Musk sidestepped a question that sought details about the new vehicles’ performance and looks; the prototype timeline; and whether Tesla would start making them at an existing factory before moving production to its future Mexico factory, as it intends to do.

“We…

Source: https://www.marketwatch.com/story/tesla-stock-veers-between-gains-and-losses-as-investor-day-gets-under-way-a7719bc0?siteid=yhoof2&yptr=yahoo

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