Tesla reported its third-quarter results, with shares initially rising but then falling after Ceo Elon Musk warned that the Cybertruck would not generate significant positive cashflow for 12 to 18 months after production begins. Musk emphasized the company's focus on making its cars more affordable in a high-interest rate environment. Tesla missed on both earnings and revenue for the first time since Q2 2019. Musk also mentioned the importance of bringing down the cost of Tesla's cars and expressed concerns about the high interest rate environment impacting car purchases.
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