28-02-2020 17:11 via feedproxy.google.com

Tesla slips 25% in one week as coronavirus weighs on its China operations (TSLA)

Tesla has shed 25% this week through Thursday's close as the coronavirus outbreak weighs on the broader market.
On Thursday, Tesla slipped 13% when China vehicle registration data showed coronavirus has hurt demand, Bloomberg reported, citing China Automotive Information Net.
There could be further pain ahead of China's struggling automotive industry and Tesla, which had to shut its Shanghai Gigafactory in early February due to the virus outbreak. 
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