The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Tesla falls on growing angst over Musk's focus on Twitter

December 21, 2022
Source: ca.finance.yahoo.com ca.finance.yahoo.com
News Snapshot:
FILE PHOTO: A Tesla electric vehicle at the Auto Shanghai show in Shanghai, China (Reuters) - Shares of Tesla Inc fell nearly 6% on Tuesday after a string of brokerages cut their price targets on the electric-vehicle maker's stock, citing the risk from Elon Musk's Twitter distraction. Tesla's shares hit a more than two-year low of $140.86. Analysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand. Evercore ISI, which slashed its price target on the company's shares...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: acquisition | auto | brand | capital | car | China | delivery | electric vehicle | Elon Musk | EV | executive | fund | IT | logistics | media | Papau New Guinea | photo | platform | report | Reuters | revenue | Shanghai | social media | Tesla | Twitter

Other News:

Z.ai Unveils GLM-5.3, a Revolutionary Open-Source Language Model

August 15, 2026

China Counterattacks Western Quantum Threats With New Open-Source Cryptography Engine

August 15, 2026

AI Takes Charge: China’s Leap in Weather Forecasting

August 15, 2026
devdiscourse.com devdiscourse.com

EyePoint Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

August 15, 2026
manilatimes.net manilatimes.net

Profound Medical Announces Management Change

August 15, 2026
manilatimes.net manilatimes.net

Trump’s Flurry of National Security Policies

August 15, 2026
foreignpolicy.com foreignpolicy.com

Apple Loop: iPhone 18 Pro Stock Warning, iOS Reveals New iPhones, MacBook Air Memory Issues

August 15, 2026
forbes.com forbes.com

Dollar sold after weak Retail Sales and UoM but yields rise – Newsquawk US Market Wrap

August 15, 2026
zerohedge.com zerohedge.com

Android Circuit: Pixel 11 Pro And Made By Google, Galaxy Z Fold8 Success, Honor Robot Arrives

August 15, 2026
forbes.com forbes.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.