Tesla stock soars Elon Musk promises affordable electric vehicles
Tesla stock surges 11% as Elon Musk accelerates plans for more affordable electric vehicles, despite recent profit decline.
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Tesla stock surges 11% as Elon Musk accelerates plans for more affordable electric vehicles, despite recent profit decline.
Tesla's first quarter adjusted earnings plunged 48%, but plans for a lower-priced model send shares up 8% in after-market trading.
Tesla announces over 10% staff reduction following disappointing Q1 report. CEO Musk cites cost reductions and productivity increase in internal memo.