28-09-2018 18:40 via theguardian.com

Tesla shares drop as analysts divided on Musk’s future with the company

Share prices fell nearly 14% on Friday following a SEC suit accusing Musk of fraud and seeking to ban him from running a companyWhat is Tesla without Elon Musk? That was the question Wall Street was asking on Friday as the electric car company’s share price plummeted following news that the US’s top financial regulator was suing Musk for fraud and seeking to ban him from running a public company.For the billionaire entrepreneur, it was the latest self-inflicted wound from a series of
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