Tesla selloff wipes out $175B after Musk’s stock-sale tweet | Technology News

The shares fell as much as 12 percent on Tuesday, after closing down 4.8 percent on Monday after a slew of bad headlines.

By Bloomberg

Tesla Inc. lost nearly $175 billion from its valuation, heading for the biggest two-day slide in 14 months, as the surge in shares lost momentum amid a host of negative news.


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