Published On: Tue, Dec 22nd, 2020
World | By

Tesla shares sell off as high flying tech stock joins S&P 500

Tesla Unintended Acceleration

In the middle of last year, Tesla’s losses were piling up, sales weren’t enough to cover expenses and big debt payments loomed. The situation was so bad that one influential Wall Street analyst raised the possibility that Tesla wouldn’t be able to pay its bills and would have to be restructured financially.

CBC | World News