StockWatch: Tesla Drops Below $600

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Tesla has closed below $600 for the first time since December and has, in addition, lost 15% on the year.

The Fed, renewed competition, and steeper expenses, are supposedly weighing in on the automobile giant.

Volkswagen has stated they want electric vehicles to make up the majority of European sales for its core brand by 2030.

Fully electric vehicles are expected to account for more than 70% compared with a previous target of 3%.

Timestamps:

  • TSLA 03:40
  • VOGW 05:15

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