Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Times of India
The Times of India
Business
Bloomberg

Tesla tumbles as Wall Street raises doubt over growth outlook

Tesla tumbled 5% on Thursday as Wall Street analysts questioned its ability to maintain the runaway growth that has for years set the electric-vehicle maker apart from other automakers.

CEO Elon Musk, who had called Tesla "recession-resilient" last year, said on Wednesday he was worried about the impact of high interest rates on demand after the company missed revenue estimates by the most in three years despite hefty price cuts.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.