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Tesla (TSLA) Stock Falls 4.5% After Unveiling Stripped ‘Affordable’ EV Models and Missing Price Targets

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The Story

News Summary

  • Tesla's launch of budget Model Y and Model 3 trims lacks key features and falls short of expected price cuts, leading to a 4.5% stock drop amid investor disappointment and stiff competition from low-cost rivals.
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Stored market data

TSLA price history

365.44 -12.53% over the displayed period

Advisor Snapshot

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