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Tesla shares fall after Musk abandons buyout

6:25pm IST - 00:57

Shares in Tesla lost almost 5 percent on Monday after it abandoned a plan to take the electric carmaker private, with some analysts suggesting it should either replace Chief Executive Elon Musk or appoint another strong senior manager.

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Shares in Tesla lost almost 5 percent on Monday after it abandoned a plan to take the electric carmaker private, with some analysts suggesting it should either replace Chief Executive Elon Musk or appoint another strong senior manager.

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Tesla shares fall after Musk abandons buyout

6:25pm IST - 00:57