Tesla value drops after Elon Musk says Hertz contract has not been signed

TESLA’s stock price fell sharply in response to a tweet from CEO Elon Musk saying that a contract with the Hertz rental car company to supply 100,000 cars had not been signed. The deal announced in late October saw Tesla’s value soar, sending the company’s valuation beyond the $1 trillion mark and putting it into … Continue reading Tesla value drops after Elon Musk says Hertz contract has not been signed