Tesla crashed! Us stocks plunged across the board!
Recently, Tesla announced after the bell the second quarter of this year's financial results, revenue grew 2% over the same period last year to $24.93 billion; Net income plunged 45% to $1.48 billion, both below market expectations, triggering a sharp drop in shares on Wednesday, which closed down 12.33% at $215.99 each. The core auto sales business generated $18.53 billion in revenue, down 9.3% from a year earlier.
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