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Tesla (TSLA) Stock Falls Over 6% as ARK Cuts and Powerwall Recall Fuel Competition Concerns

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The Story

News Summary

  • Tesla shares dropped over 6% due to ARK Invest's position cuts, Powerwall recall concerns, and growing competition from Waymo in autonomous driving, cooling investor sentiment despite no long-term operational impact expected.
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TSLA price history

356.58 -16.41% over the displayed period

Advisor Snapshot

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