What's Going On With Tesla Stock On Wednesday?
Tesla, Inc. (NASDAQ:TSLA) is reportedly preparing to introduce a longer, six-seat version of its Model Y sport utility vehicle in China.The news comes after Tesla reported a 75% plunge in sales in China during the first week of July as the company recorded 5,010 insured registrations.Bloomberg reports, citing data from the Ministry of Industry and Information Technology’s website, that the vehicle will be about 150 centimeters (5.9 inches) longer than the existing Model Y.Also Read: Tesla Stock Slides Amid Executive Departure, Intensifying Scrutiny On Self-Driving TechBattery supplier LG New Energy is listed in the filing, indicating its role in powering the vehicle, the report adds.According to Full story available on Benzinga.com
