Te slag et sash ock

The Denver Post - - BUSINESS -

Tesla stock lost big last week after the elec­tric car com­pan yr eported dis­ap­point­ing ve­hicl ep ro­duc­tio nt otals and height­ened com­pe­ti­tio nf rom elec­tric ca rr ivals. On Monda y,t esla CEO Elon Musk tweeted that the com­pany ex­pects to mak e20 ,000 model 3 cars am onth b yd ecem­ber, fewer than planned. T hec om­pany also gav ea dis­ap­point­ing re­port on sec­ond-quar­ter ve­hicl ep ro­duc­tion. Mean­while Volvo said that by 2019, it woul dbep ro­duc­ing only elec­tric and hy­brid ve­hi­cles. It’s the firs tt ra­di­tional au­tomaker to make that leap. Tesl at ook its big­gest one-day loss inm ore than a yea rw ed­nes­day and had its big­gest weekly loss inm onths.

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