Tesla shares, bonds take a hit as investors fear 'code red'

Tesla shares, bonds take a hit as investors fear 'code red'

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Tesla’s stock price and bonds tumbled Monday as investors worried about the automaker’s cash burn, sales outlook and problems with an Autopilot system that CEO Elon Musk has held out as key to the electric carmaker’s future. One analyst called the company’s predicament a “code red situation.”

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