KEY POINTS

  • Tesla missed on the top and bottom lines in its first-quarter earnings report.
  • Automotive revenue plunged 20% from a year earlier.
  • The stock, down 41% so far this year, was little changed in extended trading.
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[–] 10 points 1 year ago

All vehicles sold in North America are assembled in Fremont CA or Austin TX. But they still pay tariffs on components they import.

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