Tesla needs to inject some velocity

A late surge in production might reassure fans of the electric car maker Tesla, but drumbeats from the bond markets are hard to ignore, writes Liam Denning

1st April, 2018
Elon Musk, chief executive of Tesla

Tesla had a pretty terrible Tuesday, all things considered. News emerged that the US National Transportation Safety Board is investigating a fire involving a Model X that crashed in California last week. Meanwhile, rival Jaguar Land Rover announced it was teaming up with Alphabet Inc’s Waymo unit to get the drop on autonomous electric vehicles.

This may have contributed to an 8 per cent fall in Tesla’s stock – its worst decline since...

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