Heavy selling of Tesla Inc. shares and bonds persisted Wednesday, posing a new challenge to the electric-car maker that has relied on the faith of investors to meet pressing cash needs. The company’s shares fell $21.40, or 7.7%, to $257.78, extending a weekslong decline that deepened Tuesday amid broad weakness among technology stocks, increased scrutiny of the company’s semiautonomous driving system, and a credit-rating downgrade from Moody’s Investors Service.

Source: Wall Street Journal March 28, 2018 16:14 UTC