Papua New Guinea’s Leader Rejects Biden’s Suggestion His Uncle Was Eaten By ‘Cannibals’: ‘My Country Does Not Deserve To Be Labeled As Such’Tesla shares tumbled during premarket trading on Monday after a weekend spent slashing car prices and canceling key meetings, capping a chaotic week and continuing athat has seen the company’s value plummet this year ahead of what is expected to be yet another tough week for the automaker.
It is the automaker’s lowest price since January 2023, and aside from a roughly month-long dip around that time, shares have not been as cheap since late 2020. The fall comes after a hectic weekend spent cutting prices for its cars — including its popular Model Y, as well as Model X and Model S vehicles — in major markets, including the United States, China and Germany, and the companythe price of its Full Self-Driving assisted driver software by a third to $8,000 on Saturday, a sign billionaire leader Elon Musk is still committed to betting part of the company’s future on self-driving cars and its...
In another sign of the tumult at Tesla this weekend ahead of what is expected to be another tough week, Musk alsoa bruising day for the company, especially after its January report revealed it had missed targets for sales and profits.
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