Tesla Slides 7%, Investors Wait
- 4 years ago
Aly Song/Reuters Tesla slid 7% on Tuesday as investors await the company's closely watched Battery Day. The Battery Day presentation, which is scheduled to take place at 4:30 p.m. ET on Tuesday, is expected to highlight upcoming battery innovations that Tesla is working on. Goldman Sachs highlighted in a note last week six items the firm is expecting Tesla to focus on at the event. Tesla CEO Elon Musk did caution in a tweet on Monday that the company doesn't expect the innovations it announces later Tuesday to enter high-volume production until 2022.