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Tesla falls 12%, its worst drop in 14 months amid weaker domestic anxiety in China and Michael Burry’s warning

December 13, 2021
Source: newsus.app newsus.app
News Snapshot:
Tesla shares fell 12% on Tuesday amid a series of headlines, a warning from famed shorts trader Michael Burry. If Tuesday’s drop is more than 10. 3% at the close of trading at four o’la tarde, it would constitute the company’s worst drop since inventory fell 21% on Sept. 8, 2020. Tesla’s stock sale began Monday after CEO Elon Musk tweeted a ballot over the weekend to see if he sells 10% of his stake in the company, which is worth more than $20 billion. , is expected to do so in the near future. Data on car sales in...
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Tags: car | CEO | China | Chinese | data | electric vehicle | Elon Musk | export | Exports | inventory | IT | loans | made in China | sales | share | shares | stock | tax | Tesla | Twitter | Unreal

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