Tesla's Market Value Falls Below $500 Billion 

According to foreign media reports, investors continue to sell off Tesla's shares as they become increasingly concerned that its price cut plan will severely impact its profits, sending Tesla's market capitalisation below the key $500 billion mark. on April 26, Tesla's shares closed down 4.3% to $153.75, the lowest level since January 25. Tesla's market capitalisation has evaporated by more than $84 billion in five trading days since it announced financial results that disappointed the market. In April, Tesla's share price has fallen by more than 26%.