Tesla electric car sales 'to fall 10% as Covid-19 hits demand'

Tesla will probably sell about 10% fewer cars this year than previously expected as the coronavirus outbreak weighs on demand for vehicles, said investment bank Morgan Stanley.

Tesla electric car sales 'to fall 10% as Covid-19 hits demand'

Tesla will probably sell about 10% fewer cars this year than previously expected as the coronavirus outbreak weighs on demand for vehicles, said investment bank Morgan Stanley.

The bank slashed its 2020 sales target for Tesla to deliver 452,000 cars from the previous estimate of 500,000, according to a note to clients.

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