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MarketWatch MarketPulseMay 21, 2019
Tesla's stock falls toward worst 3-month stretch since going public 9 years ago
Tesla Inc.'s stock slumped 1.6% in morning trade, but remained on track to suffer its worst three-month stretch since the electric car maker went public in June 2010. The stock has lost 15.4% so far in May, after shedding 14.7% in April and 12.5% in March, for a total loss during that period of 36.9%. The previous biggest loss over a 3-month period was 32.4% in the three months ended February 2011. Among Wall Street's concerns are demand for the lower-priced Model 3, questions over management credibility and recent communications about "hardcore" cost cutting. Tesla's stock has now shed 39.3% year to date, while the S&P 500 has gained 14.0%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Business NewsMay 21, 2019
Apple bid to buy Tesla in 2013 for $240 a share, analyst says - CNBC
Apple bid to buy Tesla in 2013 for $240 a share, analyst says  CNBCApple tried to buy Tesla for more than it's currently worth a few years ago, report says  ElectrekThe man behind Elon Musk's viral sheep meme says he's landed a job at Tesla  Business InsiderTesla hires Reading museum social media manager behind 'absolute unit' tweet  Yahoo FinanceTesla cuts base price of new Model S and Model X vehicles  ElectrekView full coverage on Google News
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