Tesla stock down 4% as Elon Musk's ailing EV maker prepares to announce earnings
Tesla’s rocky year — plagued by price cuts, recalls and layoffs — continued Monday as shares of Elon Musk’s electric vehicle company dropped more than 4% ahead of Tuesday’s much-anticipated quarterly earnings.Tesla stock traded at around $142 to approach its lowest price since closing at $113.06 on Jan. 6, 2023. Since the start of the year, Tesla has fallen nearly 43% — wiping out more than $60 billion from Musk’s net worth and knocking him from his perch atop the world’s richest people. 3 Shares of Tesla ...