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Tesla stock drops 7% despite big revenue beat

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Tesla shares fell sharply after the electric vehicle maker posted mixed second quarter results, with strong revenue growth failing to offset a larger than expected shortfall in profit. The stock dropped more than 7 percent in premarket trading following the report. The company posted revenue of 28.24 billion dollars, up 26 percent from a year […] The post Tesla stock drops 7% despite big revenue beat appeared first on Rolling Out .

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