Tesla’s stock (TSLA) crashed in mid-afternoon after a report came out claiming that an inside source confirmed new orders are free-falling in China, an important market for Tesla
The reported in question came out of The Information, and it is behind a paywall.
Based on an unnamed source, the publication claimed that Tesla’s net new orders fell to 9,800 last month, which is significantly down from the previous month and from a high of over 21,000 in March:
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