"Tesla Stock Hits Lowest After Suspected Sabotage and Factory Halt"

Tesla's stock hit its lowest point since May 2023 after its Giga Berlin factory halted production due to a suspected arson attack causing a power outage, leading to a 3.9% drop in stock value. This setback follows concerns over lackluster China shipments and price cuts, with February shipments dropping 16% from the previous month and 19% from a year ago. Goldman analyst Mark Delaney cut profit outlook for Tesla, citing sinking margins due to price cuts, but remains positive about the company's long-term growth potential.