The U.S. automaker’s injection of $4.9 billion into its German unit is aimed at bolstering a turnaround amid challenging market conditions and the transition to electric vehicles.
Tesla CFO Sells $1.7M More in StockThe sale comes as Tesla’s stock has lost a third of its value since President Donald Trump took office, amid a backlash against the EV maker’s CEO Elon Musk and a broadening trade war.
