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Tesla fell much more than 12 % on Wednesday, soon after the corporate on Tuesday claimed a 45 percent drop in earnings while in the quarter ending in June, a results of the electrical motor vehicle companys sluggish revenue.

SAN FRANCISCO As Teslas income ongoing to slide in the next quarter, CEO Elon Musk strengthened his aid for former president Donald Trumps need to wipe absent electric powered-car tax credits, Though this kind of policy could hurt his firm.