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Direct: Tesla shares fell sharply during the trading session on Monday, following reports raising concerns about the company's cash position.
The Wall Street Journal quoted a note stating that the company "Tesla" has asked a supplier to return funds from its account since 2016.
The note that the US company specializing in the manufacture of electric cars has asked a lot of other vendors to help them make their profits profitable.
Tesla said that he had not achieved annual net profit in his 15-year history At 15:50 GMT, Tesla shares fell 4% to $ 301.06 after have dropped to $ 292.8 earlier in the session.
A Research Note by JPMorgan Tesla 's stock price is expected to fall 44% by the end of the year due to heightened competition.
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