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Thursday, April 20, 2023

Tesla Stock Drops After Earnings, Hitting Global Auto Shares - The Wall Street Journal

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Tesla shares stood some 9% lower.

Rival EV makers Rivian and Lucid both fell substantially. Ford was 3.5% lower.

European-listed auto companies such as Renault and Stellantis traded sharply down.

American depositary receipts for Chinese EV makers including XPeng, NIO and Li Auto were 6% or more lower.

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April 21, 2023 at 12:55AM
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Tesla Stock Drops After Earnings, Hitting Global Auto Shares - The Wall Street Journal
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