A railway worker waves a red signal flag from the open doorway of a rail carriage aboard the Murmank-Sochi train. (Photographer: Andrey Rudakov/Bloomberg)

Tesla in ‘Code Red Situation’ as Sell-Off Exceeds 20%

(Bloomberg) -- Tesla Inc.’s stock rout following this month’s $2.4 billion capital raise intensified after a once-bullish analyst called the range of issues facing the electric-car maker a “code re...