Claudia Assis is a San Francisco-based reporter for MarketWatch. Follow her on Twitter @ClaudiaAssisMW.
Shares of Tesla Inc.
ended nearly 5% lower Monday, its lowest close since May 26, as the off-and-on downdraft since the company reported third-quarter results earlier this month continued. The drop was also the stock’s largest one-day percentage decrease since Oct. 19, a day after the earnings report. Tesla at the time also sought to temper expectations about its newest model, the Cybertruck, and how long it would take for the company to reach volume production of the electric pickup truck.
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