Tesla loses all the gains from 35% rally stoked by Hertz deal, broader market sags

December 21, 2021 8:21 AM

NEW YORK (BLOOMBERG ) -Tesla’s stock went on a tear after an October deal with Hertz Global signaled broader mainstream adoption of its electric cars. But that 35 per cent rally is gone now. Tesla slid 3.5 per cent on Monday (Dec 20), closing at US$899.94.

Source : https://www.straitstimes.com/business/companies-markets/tesla-loses-all-the-gains-from-35-rally-stoked-by-hertz-deal-broader-market-sags