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A drop in EV demand has big firms bracing to take a big value hit
The pressure is on across the American automotive sector, but Tesla is sticking out like a sore thumb.
Shares are expected to wipe out about one-fifth of Tesla's value in less than two weeks. This comes as concerns around the decrease in the demand for E-V's grow. So what's at the root of this issue?
For more, KCBS Radio's Holly Quan spoke with Bloomberg Reporter Esha Dey.
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The pressure is on across the American automotive sector, but Tesla is sticking out like a sore thumb.
Shares are expected to wipe out about one-fifth of Tesla's value in less than two weeks. This comes as concerns around the decrease in the demand for E-V's grow. So what's at the root of this issue?
For more, KCBS Radio's Holly Quan spoke with Bloomberg Reporter Esha Dey.
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