The American entrepreneur managed to announce his plans to drastically reduce the cost of electric vehicles, and also promised that in three years it would be possible to purchase an electric car with an autopilot for $ 25,000.
Shortly after the announcement of the American innovator and businessman, the company's shares plummeted by 5.
6%, and then fell by 6.9% at the close of the exchange, thereby reducing the market value of Tesla by $ 50 billion..
The sharp decline in the company's shares is due to the fact that the batteries presented at the event lacked the specifics on the manufacture and improvement that the company's investors were expecting. Earlier it was reported that Tesla founder Elon Musk climbed to the third line of the ranking of the richest people in the world according to Bloomberg.