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Tesla shares fall 8%, set to erase $50 billion in valuation after CEO Elon Musk warns sales growth

Tesla tumbled more than 8% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already hurt margins and raised investor concerns at the world s most valuable automaker. ....

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Tesla Slumps After Warning About 'Notably Lower' Growth Rate

(Bloomberg) Tesla Inc. shares plunged after Elon Musk’s pitch for investors to look past slower sales growth fell flat.Most Read from BloombergTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearBoeing Blocked From Building More 737s in Hit to Growth PlanMicrosoft Cuts 1,900 Jobs in Gaming, Including at ActivisionThe stock fell as much as 10% on Thursday morning after Tesla narrowly missed earnings estimates and warned its ....

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