Meanwhile, Tesla was slapped with a $2 million fine in South Korea over claims it falsely advertised the range of its cars in cold weather.
Author: Phil Rosen
Tesla stock drops as Elon Musk’s EV maker extends slowdown of Shanghai plant through January
Tesla's Chinese factory is facing a wave of virus cases among its staff and suppliers, as well as a recent slowdown in global demand.
Elon Musk’s Tesla, the world’s leading EV maker, is capping off 2022 as one of the S&P 500’s worst-performing stocks.
Tesla has seen its market cap tumble and its stock price drop almost 70% this year. Insider's Phil Rosen breaks it down.