TELETRADER News
10/30/2020, 4:16 PM
(Source: TeleTrader)
Tesla+0.82%
Tesla drops over 6% amid selloff
Shares of Tesla Inc. dropped over 6% on Thursday, following the market-wide selloff. In recent news, the electric car manufacturer is planning to roll out its "Full Self-Driving" software to a limited number of its customers over the next few weeks.
However, Consumer Reports, a nonprofit consumer organization that previously investigated Tesla's software reported that it worked inconsistently.
The carmaker's stock traded 6.08% below the flatline for $385.86 at 4:13 pm ET.