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Podcast: c2stories
Episode: Buy or Short Tesla? Investors Can’t Decide
Description: After another turbulent week, Tesla finds itself facing a multitude of challenges including declining sales, a slumping stock price, and significant layoffs. With continuous chaos, Tesla’s stock took a massive hit Monday as it saw its seven consecutive days, reaching its lowest point since January 2023 and totaling a 43% drop this year. However, optimism within the company seems to be recently on the rise as the stock has rebounded and risen over 22% the remainder of the week.
Tesla cutting around 2,700 jobs in Austin and more than 3,300 in California as part of broad restructuring | CNBC
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