Tesla's value drops $50 billion as Musk's promised cheaper battery three years away
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September 22, 20203 min read, 634 words

Tesla's value drops $50 billion as Musk's promised cheaper battery three years awayTesla's value drops $50 billion as Musk's promised cheaper battery three years away

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Published: September 22, 2020  |  3 min read, 634 words
By , , Tesla’s market cap dropped $20 billion in just two hours after trading closed Tuesday, as Musk and other Tesla executives presented their new battery and manufacturing strategies. Shares closed down 5.6% and dropped another 6.9% after hours.“Nothing Musk discussed about ba...
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