High and driving a stolen van, he nodded at a deputy at a Callahan gas station. Minutes later, the deputy was murderedCopyright 2019 The Associated Press. All rights reserved.
Tesla shares hit an all-time intraday high of $415.50 in November of 2021, adjusted for a 3-for-1 stock split that took effect in August 2022.as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers. The company said it delivered 386,810 vehicles from January through March, nearly 9% below the 423,000 it sold in the same quarter of last year.
Yet on Thursday, Deutsche Bank joined other industry analysts in voicing concern over Musk's big bet on autonomous vehicles as it stripped the company of its “buy” rating, citing Tesla’s “change of strategic priority to Robotaxi.” Uncertainty over the release of a cheaper vehicle from Tesla has altered the equation for analysts like Deutche Bank's Emmanuel Rosner.
U.S. electric vehicle sales growth slowed to 3.3% in the first quarter of the year, far below the 47% increase that fueled record sales and a 7.6% market share last year.In addition to massive job cuts this week, Tesla this week announced the departure of two high-placed executives.
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