https://www.cnbc.com/2019/01/14/tesla-under-pressure-as-ford-nissan-and-gm-roll-out-new-competition.html > Shares of Tesla tumbled 2.4 percent as manufacturers from Detroit to Japan unveiled new competition for buyers in the electric carmaker's key market at the Detroit auto show on Monday. > Ford Chairman Bill Ford said the company is investing $11 billion in electric vehicles by 2022 with plans to have 40 hybrid and fully electric vehicles in its model lineup, he announced Sunday at the Detroit auto show.