Tesla Stock Slides After US Model Price Hikes With Elon Musk Twitter Town Hall In Focus

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The Street

By Martin Baccardax Surging input costs are hitting carmakers around the world, with Tesla quietly unveiling U.S. model price hikes heading into the close of a challenging quarter. Tesla (TSLA) – Get Tesla Inc. Report shares moved lower Thursday after the carmaker unveiled across-the-board price hikes for its U.S. models, indicating input cost pressures that could pressure near-term profit margins. Shares were also likely pressured by indication the CEO Elon Musk will reiterate his desire to close the $44 billion take-private deal for Twitter (TWTR) – Get Twitter Inc. Report when he meets with…

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