Tesla Investors Brace for Messy Earnings Report ...Middle East

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Tesla Investors Brace for Messy Earnings Report
source : OILPRICE ( Middle East ) () 25
Tesla shares sank nearly six per cent on Easter Monday, leaving investors braced for what analysts have called a “code red” moment for Elon Musk’s firm ahead of its first quarter earnings announcement. The electric vehicle (EV) giant is facing mounting concerns over failing sales, geopolitical headwinds and evolving criticism of Musk’s political involvement, which analysts say is damaging brand perception in key global markets. Shares slide on bearish forecasts Tesla stock closed Monday at $227, down 5.75 per cent. The decline…

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