Tesla Stock Is Falling. Why an Odometer Lawsuit Won’t Move Shares. - Barron's
1. Tesla faces a lawsuit alleging odometer manipulation for warranty claims. 2. Stock down 3.5% at $232.88 amidst broader market declines. 3. Earnings expected at 39 cents per share, down from 45 cents. 4. Vehicle deliveries decreased to 337,000, missing Wall Street's forecasts. 5. CEO Musk dismissed the lawsuit, expressing confidence in Tesla's practices.