Articles Tagged with "Tesla"

Tesla shares fell $4.54, or 15 percent, to $25.55 at the close of Nasdaq Stock Market trading for the steepest drop since July 6. Capstone Investments Inc. initiated coverage Dec. 23 with a "sell" rating on the expectation that plug-ins and other hybrids will continue to outsell pure electric cars such as Tesla's.

The head of electric sports-car maker Tesla Motors Inc. said Friday that he expects Japan to become the company's largest market outside the U.S. Tesla Chief Executive Elon Musk also predicted the luxury auto maker's U.S.-dominated client base will expand steadily overseas so that its sales are split evenly among the U.S., Europe and Asia.