Tesla share price, July 25 -- Slowdown in sales, evolving EV tax policy in the US and Elon Musk's stark prediction of "few rough quarters ahead" did not sit well with Tesla investors. The shares of US-based electric vehicle (EV) firm crashed over 8% in the last session, dragging the company out of the trillion-dollar market cap club.
Tesla's share price closed Thursday's session following the announcement of its June quarter results 8.20% lower at $305.30. The stock was trading marginally lower in pre-market trade today, signalling a tepid start for the stock in the US market. Following the sharp selloff yesterday, Tesla's market capitalisation also declined $984.73 billion.
The automaker reported one of its most difficult quarters in o...
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