Tesla shares fall 5 percent after Musk abandons buyout

Tesla’s German shares fall after CEO Musk drops plan to take company private
August 27, 2018
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August 27, 2018
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Trading in Tesla shares in Germany on Monday pointed to a 5 percent drop when U.S. markets open as investors reacted to Chief Executive Elon Musk’s decision to abandon plans to take the luxury electric car maker private.