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Tesla Stock Tanks 8% After Announcing Store Closures, Layoffs And First Quarter Loss

CNBC- Tesla shares fell 8 percent Friday, a day after the electric car maker said it will be shuttering some stores and cutting jobs to reduce costs. CEO Elon Musk also said Tesla won’t turn a profit during the first quarter as it works to deliver its mid-size Model 3 sedan at a more affordable pric

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Tesla Stock Tanks 8% After Announcing Store Closures, Layoffs And First Quarter Loss

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