One of the biggest things preventing Elon Musk from releasing a mass market electric vehicle comes down to the vehicle's blessing and curse: its lithium-ion battery. We break down the science and the cost. Tesla Inc. shares touched their lowest level in more than two years and prices on its bonds also slumped, a sign of investors’ growing doubts about the car maker’s outlook. The Palo Alto, Calif., company’s stock fell about 2.7% Monday to $205.36 after Wedbush Securities analysts slashed their price target on its shares to $230 from $275. It earlier traded as low as $195.25, a 7% decline that brought the stock to its lowest intraday level since December 2016.

Source: Wall Street Journal May 20, 2019 15:45 UTC