Tesla Stock Spirals Downward as NHTSA Launches Battery Fire Probe

2019-10-5 20:50

Tesla stock’s downward spiral continued on Friday, as TSLA shares dropped 1% due to the U. S. National Highway Traffic Safety Administration (NHTSA)’s investigation into Model S and Model X battery fires.

Tesla battery fires draw regulatory scrutiny As reported by CNBC, the NHTSA is looking into the claims that Tesla should have notified the agency […]

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Tesla Stock Plunges After EV Titan Abandons $4.5 Billion Gigafactory Expansion

Tesla stock just can’t seem to catch a break. The latest shock? The Elon Musk-led firm and Panasonic abruptly shelved plans to expand the $4. 5 billion Gigafactory 1 in Nevada. Tesla Stock Suffers Another Major Setback Already the largest EV battery plant in the world, Tesla and Panasonic had planned to expand Gigafactory 1 by a staggering 50% to 54GWh by 2020.

2019-4-12 17:37