Day: March 7, 2019

Tesla Stock Plummets after China Takes 1,600 Model 3s Hostage

By Mark Emem (CCN)

Two months after Tesla CEO Elon Musk broke ground for a new factory in Shanghai, authorities in China suspended customs clearance procedures for the electric carmaker’s lowest-priced car, the Model 3.

CHINA HOLDS TESLA MODEL 3S HOSTAGE

According to Caixin Global, customs authorities in Shanghai are currently holding 1,600 Tesla Model 3 cars after finding various irregularities.… Read Full Article “Tesla Stock Plummets after China Takes 1,600 Model 3s Hostage”