Tesla Drops on Disappointing China Sales
Tesla shares dropped more than 5% after vehicle orders in China steeply declined last month.
The company has been grappling with recalls and also dealing with a public relations backlash following some high-profile vehicle crashes.
Ford could get hit with a $1.3 billion penalty for importing vans from Europe.
However, this has not affected their stock price as US sales rose 4.1% in May from a year ago.
Timestamps
- TSLA 02:40
- F 04:20
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