Tesla Inc. shares sank after Elon Musk called for a review of all the electric-car maker’s expenses.
Tesla Inc. shares slid to their lowest close in almost 2½ years Friday after Elon Musk called for a “hardcore” review of all the electric-car maker’s expenses and an analyst warned of potentially severe fallout from a fatal crash involving Autopilot.
The carmaker’s share price finished the day at $211.03, down 7.5%, its lowest close since December 2016. The shares are now down 36% so far this year.
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