Tesla Stocks Looks to Extend Losses Before Earnings

Tesla Inc (NASDAQ:TSLA) stock is down 7.1% to trade at $224.28 at last glance, one of the worst-performing Nasdaq Composite (IXIC) components today. Barclays lowered its price objective on the equity to$275 from $325, citing “confusing” earnings visibility ahead of the electric vehicle (EV) company’s first-quarter report, which is due out after the close tomorrow, April 22. What's more, Reuters reported production of its cheaper, U.S.-made Model Y car is delayed.Carrying a steep 44.4% year-to-date deficit, ...