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Tesla drops by more than 6% on the stock market after asking suppliers to return money
Monday, July 23, 2018
Economics and e-commerce
EP
Tesla asked to some of its According to a note sent to the North American newspaper The Wall Street Journal, the supplier who repays some of what the US firm has already paid to achieve profitability.
The providers who repay the payments they have made since 2016, as an investment for the long-term electric car brand.
The US publication explains that, although Tesla has asked for help from its suppliers to be profitable, it is not clear how much have asked for help In addition, some claim to be unaware of such a request.
For its part, Tesla declined to comment and confirmed that it was seeking to reduce the price set by the suppliers. The company has characterized these applications as a standard part of the acquisition negotiations to improve its competitive advantage, as the production of Model 3 increases.
Tesla shares fell 2.08% last Friday (last available data), up to $ 313.58 per share at the close of the Nasdaq-100, a composite index of the top 100 technology and Internet companies capitalized.
In the pre-market this Monday, each rose to 6%.
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