Tesla’s stock has been “marked down” in the markets due to a “variety of reasons,” according to CommSec’s Tom Piotrowski.
“Concerns about margins, growth in China, the picture in China generally, it’s cost-cutting that has been a feature – price cutting in relation to its products,” Mr Piotrowski told Sky News Australia.
“The stock has fallen by about 20 per cent over the course of the last three weeks.”
Presented by CommSec.
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