Tesla Stocks Suffer Worst Day in Four Years as Sales in Chin…

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TMTPOST -- Tesla Inc. stocks ended 15.4% lower at $222.15, their lowest since last October, and tumbled more than 50% from the record set in December, wiping out around $800 billion in market capitalization in nearly three months. Shares suffered their worst day in more than four years as the past month saw Tesla sales bucked electric car sale trends not just in Europe but in China, the world’s top electric vehicle (EV) market, highlighting growing headwinds from intense competition to the backlash against CEO Elon Musk.Credit：TeslaThe wholesale deliveries of Tesla China dived to 30,688 vehicles in February, representing a 49%