--
 
Would you want to pump your own fuel?

‘One of the strangest things about driving overseas, is having to pump your own fuel. Would you want to?’ asks Lance Branquinho.

Best-selling vehicles in SA

With the new year in full swing, we take a look at some of the top-selling vehicles in SA by segment for December 2017.

Tesla tumbles on weak output as stock drops

2016-07-05 17:12

PRODUCTION STALLS: Shares of Tesla Motors fell following disappointing production figures as US stocks opened lower.. Image: AP / Michael Probst

New York - Shares of electric-car maker Tesla Motors fell on Tuesday following disappointing production figures  as US stocks opened lower.

Tesla dropped 3.4% as second-quarter production came in at 18.345, below the 20 000 it previously forecast.

The weak figures come on the heels of other difficulties facing Tesla, including a negative reception for its proposed purchase of SolarCity and a fatal crash involving Tesla's self-driving system.

Key events this week include the release of the June US jobs report.

Five minutes into trading, the Dow Jones Industrial Average was at 17,862.19, down 0.5%.

The broad-based S&P 500 fell 0.5% to 2,091.62, while the tech-rich Nasdaq Composite Index lost 0.6% at 4,832.59.

NEXT ON WHEELS24X
Read more on:    tesla  |  industry news  |  stocks

There are new stories on the homepage. Click here to see them.