Tesla shares dip after unveiling of “self drive” version of Model S

By Siobhan Lismore-Scott
Published: Monday, 13 October 2014

A slide in the electric vehicle (EV) manufacturer’s shares is surprising as it comes after a host of positive press, however, to put the slide in context, shares are still up 50% on last year levels. Shares in Western Lithium also traded down on Monday, which have previously tracked peaks in Tesla’s stock.

Tesla Motors, the electric vehicle manufacturer aiming to revolutionise the automobile sector, has seen its stock fall following the release of its Dual Motor Model S – a “self-driving” version of the much-lauded Model S.

The latest model was revealed during an investor presentation on Thursday last week,...

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