While you were sleeping: Tesla leapfrogs Ford

Mon, 03 Apr 2017

By Margreet Dietz April 4 (BusinessDesk) - Wall Street declined amid disappointing US car sales and concern about President Donald Trump’s ability to deliver on promises that were seen as bolstering economic growth and corporate profits. Shares of General Motors dropped, trading 3.8 percent weaker as of 2.30pm in New York, while those of Ford Motor slid, trading 2.4 percent lower, amid car sales that fell short of expectations. Bucking the trend, however, shares of Tesla jumped to a record high, up 6 percent as of 2.22pm in New York,...

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