Meanwhile, Tesla was slapped with a $2 million fine in South Korea over claims it falsely advertised the range of its cars in cold weather.
Author: Phil Rosen
Tesla's Chinese factory is facing a wave of virus cases among its staff and suppliers, as well as a recent slowdown in global demand.
Tesla has seen its market cap tumble and its stock price drop almost 70% this year. Insider's Phil Rosen breaks it down.
As Elon Musk remains embroiled in Twitter antics, investors are dumping Tesla stock, which has shed about 62% since its high in November 2021.
Shares of Elon Musk's EV-maker dipped Tuesday even as the wider market climbed. Tesla has shed roughly 55% in 2022.