Tesla Shares Drop Over 7% after Sales in China Crash 19% to …

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BEIJING, March 4 (TMTPost)-- Shares of Tesla, Inc. dropped as much as nearly 8% and settled around 7.2% lower on Monday, the worst trading session since the electric vehicle (EV) heavyweight posted worse-than-expected financial results in the fourth quarter of 2023 on January 25. Tesla became the S&P500’s worst performer that day, and the selloff extended shares’ loss up to date this year to 24%