Why Tesla lost nearly 17 billion dollars in market value in five weeks

Since the diesel scandal came to light, the automotive industry has fallen into disrepute and a rethink has taken place in the purchase of vehicles. Customers prefer to buy gasoline engines and alternative drive systems in particular. Tesla, founded and managed by Elon Musk, is also considered the best-known and most innovative company. But in the course of the last week the E-pioneer's share lost almost a third of its market value.