Tesla stock suffers double-digit drop on carmaker’s worst day in years

The Guardian - Elon Muskmp;#146;s EV company lost a quarter of its value after revealing weak profits and high spending on AI and robotics Teslamp;#146;s stock fell about 13.5 on Thursday in one of the biggest single-day market losses in the companymp;#146;s history.Elon Muskmp;#146;s automaker has struggled throughout the year, losing about 27 of its market value as huge capital expenditures and weaker-than-expected profits worry investors.