By CCN: The embarrassment for Tesla continued this week after a burned supplier sued Elon Musk’s firm over an unpaid metal bill. French firm Lebronze Alloys alleges $1.77 is still owed by Tesla after the car company abruptly pulled the plug on existing contracts. Lebronze had supplied parts for Musk’s electric vehicles since 2016 – the last time the Tesla stock price sunk as low as it is today. Back to Beginning for Tesla Stock When Tesla entered into an agreement with Lebronze Alloys in 2016, its stock had traded between $150 and $180 for most of the year. The
The post Tesla Sued For Embarrassing Unpaid $1.77 Million Bill as Stock Rewinds to 2016 appeared first on CCN
from CCN http://bit.ly/2wrmQHv
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