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elon-musk-masterplan3-tesla-2023-in60.jpg Mar 03

Tesla Stock Slumps As 'Master Plan 3' Event Falls Flat With Investors

  • Tesla shares fell as much as 8% in early trading Thursday as a lukewarm investor reception to Elon Musk’s “Master Plan 3” presentation added a fresh headache for the EV maker.
  • Musk and other executives teased a cheaper “next gen” EV during the event – but the announcement was light on details about the car’s performance specs, vehicle models or a potential release date.