Tesla's not-so-happy start to the New Year
January 04, 2019 at 08:55 AM EST
Tesla shares tumbled nearly 9.7 percent Wednesday and Thursday — despite closing out 2018 with record sales and production numbers. Investors appeared to be focusing more on potential roadblocks that could be lying in wait, including a flood of new competition and the phase-out of the federal tax credits that offset the cost of Tesla's battery-electric vehicles.