NEW YORK, October 3. /TASS/. Stocks of the US-based electric vehicles producer Tesla tumbled 8.4% during Monday’s trading session after the release of quarterly reporting data below the forecast, according to New York Stock Exchange data.
Tesla was expected to deliver 358,000 cars in the third quarter of this year but actually supplied only 348,300 units, making it difficult to achieve the target of increasing vehicle supplies by 50% in this year,
Stocks also fell on the back of the tweet of Tesla owner and founder Elon Musk regarding his terms for peace in Ukraine.
Musk suggested holding the referendum under UN supervision again in the regions that have recently joined Russia. Crimea should be formally recognized as part of Russia, the water supply to Crimea should be assured and Ukraine should assume a neutral status, he tweeted.
Tesla stocks are traditionally exposed to huge fluctuations because of publications of business reports, Musk’s transactions and his statements. Shares of the company were at the recent level of about $243 per security in late July but saw the price increase later again.