Tag: Tesla Stock Crashes 14%
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Tesla Stock Crashes 14% After Earnings Miss as $25 Billion Capex Plan Shocks Investors
Tesla Stock Crashes – Shares of Tesla fell after the company’s latest earnings report missed Wall Street expectations and management announced plans for an aggressive capital expenditure plan of about $25 billion, reports said. The company’s spending on artificial intelligence, autonomous driving and factory expansion continues, but investors are starting to re-assess the company’s near-term…
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