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Tesla Inc. has unveiled cheaper, pared-down versions of its two best-selling electric vehicles, in a bid to re-energize sales amid an expected slump after the end of U.S. tax credits for EV buyers.
The move did not sit well on Wall Street, however, with Tesla’s stock
TSLA accelerating losses in the final hour of trading Tuesday, closing down 4.5%.
This post was originally published on Market Watch
