Automakers

Tesla slumps as investors despair

Tesla CEO Elon Musk
Not long ago, Tesla CEO Elon Musk could boast of quarterly profits and manufacturing improvements. Now, he faces investors who are losing confidence. (BLOOMBERG/Bloomberg)
May 26, 2019 04:00 AM

Not long ago, it looked as if Tesla had turned the corner: Elon Musk's electric vehicle and solar energy company reported consecutive quarterly profits as it improved its manufacturing capabilities.

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