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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.

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