Tesla Stock Plummets as Company Abruptly Halts Production of Cybertruck and Model Y
Tesla is pausing production of the Cybertruck and its newly-retooled Model Y, and the stock market is already responding. On the heels of a new Business Insider report about the production shutdown, which is purportedly slated for the week of June 30 based on insider interviews, fell to about $316, which is almost four percent lower than it was at the start of the day. To make matters worse, Tesla stock was already plummeting thanks to CEO Elon Musk's Robotaxi pilot being pushed yet again. While the price still way up from June 5's massive 14 percent drop to $273 — […]
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