Market Overview

I think you’ll love what you hear,
what you’ll see and the opportunities
that will be set before you.
- Jon Najarian
GET TICKETS

Tesla Shares Plummet Following Sales Data Release

Share:

Shares of Tesla Motors Inc (NASDAQ: TSLA) fell more than 5 percent Monday afternoon following the release of disturbing sales figures.

According to WardsAuto.com, Tesla sales were down 26 percent through September when compared to the previous year. As a result, Tesla introduced new selling and marketing incentives to rejuvenate sales in a blog post.

According to Tesla's Chief Executive Officer Elon Musk, the company will begin offering a 'no questions asked' three-month return policy, known as the "Tesla happiness guarantee." In addition, the electric vehicle will now be offered with more favorable lease terms in conjunction with US Bank.

Posted-In: Tesla Tesla Model S WardsAutoNews Retail Sales

 

Related Articles (TSLA)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial

A Brewing Battle: Apple Pay Vs. MCX CurrentC

Kiplinger Unveils A Different Way To Plan For College