Tesla shares slump nearly 15% after earnings flop

Shares of Tesla sank nearly 15 percent Thursday after results from Elon Musk's electric vehicle company missed analyst expectations amid questions over huge capital spending plans.

Tesla was joined in the Wall Street doghouse by Google parent Alphabet, which dropped nearly seven percent as the tech giant also faced scrutiny over the payoff from huge artificial intelligence investments.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓