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Tesla (TSLA) Plummets After Cybertruck Battery Deal Cut Amid Weak Demand and Production Setbacks

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The Story

News Summary

  • Tesla drastically cut its battery materials deal with L&F from $2.9 billion to under $10,000 due to weak demand for its Cybertruck, leading to production slowdowns and discontinued configurations, despite overall revenue and vehicle delivery growth in Q3 2025.
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TSLA price history

369.93 -14.00% over the displayed period

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