Tesla Endures More Setbacks

Over the last few weeks, Tesla experienced a spate of fresh setbacks which is shaking investor confidence on whether CEO Elon Musk can deliver on his bold promise of bringing electric cars to the masses.
Tesla Endures More Setbacks
A Tesla dealership in the Dadeland Mall in Miami on June 6, 2013. Joe Raedle/Getty Images
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Last year, electric carmaker Tesla Inc. easily sold $1.8 billion in bonds to investors, and its stock soared despite the company losing billions of dollars.
The promise of an electric and autonomous driving future was one investors steadfastly believed in. Tesla’s stock soared almost 46 percent on the Nasdaq stock exchange during 2017.
Fan Yu
Fan Yu
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Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
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