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I tried to find an explanation for the drop. Best I could do was this from Reuters: "Tesla shares tumbled 9.74%, its biggest one-day percentage drop since Apr
by MilnerRoute 3y ago
I tried to find an explanation for the drop. Best I could do was this from Reuters:
"Tesla shares tumbled 9.74%, its biggest one-day percentage drop since April 20, after the electric-vehicle maker reported a drop in its second-quarter gross margins to a four-year low and CEO Elon Musk hinted at more price cuts."
https://www.reuters.com/markets/us/nasdaq-sp-500-futures-fall-after-q2-reports-by-tesla-netflix-2023-07-20/ https://www.reuters.com/markets/us/nasdaq-sp-500-futures-fal...