Shares of Tesla fell by nearly 10% after investors were disappointed by imprecise commentary from CEO Elon Musk and other executives regarding the company's latest vehicle, the Cybertruck, and a planned robotaxi-ready car. The stock's decline marked the worst day for Tesla's stock in three months. Musk also mentioned that Q3 production would be slightly down due to factory upgrades and summer shutdowns. Concerns were raised about Tesla's margin headwinds, which were at their lowest level in at least the last five quarters. Despite beating revenue and earnings expectations, Tesla stock remains depressed.
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