Tesla briefly fell below $300 on Thursday, it’s fourth day of declines since announcing it will remain a publicly traded company. Wall Street is now once again focused on the electric-car maker’s balance sheet and its struggle to reach profitability. Tesla declined for a fourth straight trading day on Wednesday, falling as much as 2%, to $297.80 a share, as Wall Street’s focus returns to the company’s balance sheet following CEO Elon Musk’s 16-day go-private saga that left the electric-car maker facing numerous lawsuits and a US Securities and Exchange investigation. …read more
Source:: Yahoo Finance
