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Tesla Drops After Asking Suppliers For Refunds

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Tesla Drops After Asking Suppliers For Refunds

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Entertainment (now)

2 Views • Jul 24, 2018

Description

(Reuters) - Shares of Tesla Inc (TSLA.O) fell more than 4 percent in trading before the bell on Monday, after a report that the electric car maker has turned to some suppliers for a refund of previously made payments in a bid to turn a profit. FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors' new showroom in Manhattan's Meatpacking District in New York City, U.S., December 14, 2017.