Tesla shares plundered by one-two geopolitical punch

Tesla Inc (NASDAQ:TSLA) shares have taken a beating following a one-two punch of daunting geopolitical developments.  The electric car giant has been compelled to reduce prices in China amidst increasing domestic and international competition, with the likes of Volkswagen and China’s Xpeng Inc (NYSE:XPEV) marking down their prices. Compounding Tesla's challenges is the suspension of most production at its Berlin plant in response to ongoing pirate attacks in the Red Sea, which have disrupted global shipping ...