Business Standard

Tesla touches a 2-year low: Twitter may not be Elon Musk's biggest trouble

Tesla share price: The prices fell rapidly on Tuesday after a Reuters report said that the company is planning to reduce its production at the Shanghai plant in January

Elon Musk
Premium

Photo: Bloomberg

BS Web Team New Delhi
For at least the past two months, Elon Musk has been in the news for his acquisition of Twitter and the policy changes he has been making there. Thousands have been laid off, and hundreds have resigned in response at Twitter. But it is Tesla, another company run by Musk, that is making it to the headlines of late and not for very encouraging reasons.

On Tuesday, Tesla's share price fell to its lowest in over two years. On December 27 alone, it fell 11.4 per cent to close at $109.1 apiece, as per data from Nasdaq. The company's total

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in