The Reveal of Model Y Reduces Tesla Shares

Tesla Inc, Unveiled its much-awaited crossover electric SUV Model Y on Thursday night, but investors and analysts don’t seem too impressed as share prices begin to edge lower. Tesla shares dropped by 4.4% on Friday morning after the inauguration. The latest Tesla model was unveiled by Chief Executive Officer, Elon Musk, in Hawthorne, California. The vehicle will start off at a base price of $ 39,000 and a battery power of 230 miles. This mod....