Erroneous WSJ Report Sends Tesla Stock Down

Erroneous WSJ Report Sends Tesla Stock Down

Assessment

Interactive Video

Business, Architecture

University

Hard

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Tesla shares dropped 6% after a Wall Street Journal headline suggested a 26% sales decline. However, the decline was only in U.S. sales as Tesla expanded to Asia and Europe. Elon Musk introduced new lease terms through US Bancorp, reducing monthly payments by up to 25% and offering a 90-day return policy for dissatisfied customers.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial reason for Tesla's stock falling by 6%?

A decline in global sales

A Wall Street Journal headline about U.S. sales

A new competitor entering the market

A recall of Tesla vehicles

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the clarification made about Tesla's sales decline?

It was a miscalculation

It was a global decline

It was only related to U.S. sales

It was due to production issues

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are fewer Tesla cars available in the U.S.?

New environmental regulations

Increased demand in the U.S.

Tesla's focus on the European and Asian markets

Production delays

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the new leasing offer introduced by Musk?

A 50% reduction in monthly payments

A 25% reduction in monthly payments

No reduction in monthly payments

A 10% reduction in monthly payments

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What guarantee does Musk offer to unhappy lease customers?

A free upgrade to a new model

A 90-day return policy with no further obligation

Extended warranty

A full refund