Sen. Wyden wants automakers to account for their ties to a region in China where the U.S. is concerned about the use of forced labor.
Tesla shares slid over 9.5% at session lows as investors digested expanded discount offerings and further distractions from CEO Elon Musk’s Twitter acquisition.
As Tesla shares sank 8% on Tuesday, reaching a new 52-week low, CEO Elon Musk tried to blame macroeconomic factors.
These are the stocks posting the largest moves midday.
Musk sold billions of dollars worth of his Tesla holdings to finance the Twitter takeover and has been embroiled in controversy ever since.
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