Tesla share price continues to tumble down towards its bond price following headlines from Reuters, citing sources, that the car-making company will shutter production of the Model 3 from May 26th to 31st for “fixes.”
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*TESLA PRODUCTION SHUTTERED FROM MAY 26-MAY 31, REUTERS SAYS
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*TESLA IS SAID TO PAUSE MODEL 3 PRODUCTION FOR FIXES: REUTERS
This follows the previous production halt on April 17th to make “on-the-fly fixes.”
And TSLA is extending losses…
Catching down to the bond’s weakness…
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