Tesla shares plunge after US fraud suit against Musk | Fin24
In partnership with
  • Deloitte

    The accounting firm has denied allegations of corruption related to Eskom contracts.

  • SAA Uncertainty

    What you need to know if you have a ticket or intend to buy one.

  • Michael Jordaan

    Forget Matric results - here's how to prepare your kids for jobs that don't yet exist.


Tesla shares plunge after US fraud suit against Musk

Sep 28 2018 16:13

Tesla shares plunged on Friday in the first session since US securities regulators sued chief Elon Musk for fraud, with the company shedding nearly 12% as US stocks opened slightly lower.

About four minutes into trading, the Dow Jones Industrial Average down 0.2% at 26 398.51.

The broad-based S&P 500 shed 0.1% to 2 910.05, while the tech-rich Nasdaq Composite Index declined 0.1% to 8 032.65.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

tesla  |  elon musk  |  ict  |  companies


Company Snapshot

Voting Booth

How concerned are you about ransomware attacks?

Previous results · Suggest a vote