Tesla Q2 Deliveries In Focus Following Record Quarterly Stock Slump, China Shutdowns

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The Street

By Martin Baccardax Tesla will publish Q2 deliveries over the coming days following the biggest three-month decline on record for shares of the world’s most-valuable carmaker. Tesla (TSLA) – Get Tesla Inc. Report shares, fresh off their worst quarterly decline on record, trimmed their slump Friday as investors brace for what could be a grim reading on global deliveries in the coming days. Street forecasts suggest Tesla, which has been hit by a 22 day shutdown at its Shanghai factory that likely loped 60,000 units from its overall total, as well as surging input costs and capital spending requi…

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