Saudi Arabia has been in talks with the electric-car maker Lucid Motors, Reuters reported Monday. JPMorgan cut its price target for Tesla to $195 from $305 on Monday, citing the fact that funding for a go-private deal had not been secured as CEO Elon Musk originally said. Tesla shares sank more than 6% in early trading Monday but crawled back into the green shortly after open. …read more
Source:: Yahoo Finance