A brand new electric car for $11,700? The Seagull impresses NASDAQ, sending Tesla shares down. Photo: Move Electric

Two of the worst-performing US tech stocks this week – Cisco and Tesla – have something in common: Both ran into a buzz-saw of Chinese competition. At the New York opening April 21, Telsa had lost more than 12% during the week and Cisco more than 8.1%. Tesla’s Chinese competitor BYD announced an $11,400 electrical […]

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