Tesla Stock Drops 2%
Follows double-digital declines in sales of China-made vehicles.
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Follows double-digital declines in sales of China-made vehicles.
Improved offering positioned to compete better with rival EV makers.
Tesla plans to increase production of Model Y and Model 3 EVs in Q4 and keep growth going as newer factories in Austin and Berlin come online in 2023.
Shares of Tesla Inc. fell by 9% following an underwhelming first-quarter sales report, but executives say they have the demand and capital they need to meet their 2019 production goals.
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