Tesla has lost more than half its value since the start of October as investors worry that Twitter was taking much of Chief Executive Elon Musk's time while fretting about his stake sale in the electric-car maker.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/oag4u5H
Tesla is an American electric vehicle and clean energy company founded by Elon Musk. The statement "Tesla shares extend losses on demand worries in China" suggests that the value of Tesla's stock (also known as shares) has declined further, possibly due to concerns about the demand for Tesla's products in China.
There are many factors that can affect the demand for a company's products and services, including economic conditions, competition, and changes in consumer preferences. In the case of Tesla, the demand for electric vehicles in China may be influenced by a variety of factors, such as government policies, infrastructure developments, and consumer attitudes towards electric vehicles.
It is common for the value of a company's stock to fluctuate based on a variety of market conditions and factors. It is important to consider these factors and conduct thorough research before making investment decisions.
