Tesla Braces for ‘Rough’ Quarters, UnitedHealth Falls, Chipotle Tumbles
On this edition of Stock Movers:- Tesla (TSLA) shares are tumbling after the company reported a second straight quarter of declining auto sales. CEO Elon Musk warned of difficult times ahead for Tesla Inc. following one of the carmaker’s worst stretches since it first started producing electric sedans over a dozen years ago. Tesla will be in a transition period for the next year or more, losing electric vehicle incentives in the US and needing time to roll out autonomous vehicles, the chief executive officer said. "We probably could have a few rough quarters,” Musk said…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.