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Tesla shares drop after deliveries report raises investor concern that more price cuts are coming

Tesla shares fell more than 7% on Monday after the company’s quarterly deliveries report led some investors to worry that more price cuts will be needed to drive sales, eating into margins. Over the weekend, Tesla reported first-quarter deliveries of 422,875 electric vehicles and production of 440,808 cars. The record numbers for Tesla represented 4% […]

The post Tesla shares drop after deliveries report Raises Investor Concern that more price cuts are coming appeared first on Balanced News Summary.



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