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Ending Tough Week, Tesla Shares Sink to Lowest Level In Two Years

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According to Reuters, Tesla's stock slumped over 5% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results. With investors betting Tesla will soon raise capital, the stock has fallen 14.1% for the week to its lowest level since January 2017. If Tesla closes at its current price of $234.90, its drop for the week will be its worst since June 2016. According to Reports, Tesla’s stock has now fallen 29 percent in 2019.

Added on the 26/04/2019 17:01:58 - Copyright : Wochit

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