Tesla earnings top estimates; stock wobbles in late trading

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Tesla Inc. late Wednesday reported mixed quarterly results, with revenue slightly below Wall Street expectations, but injected some optimism in its production outlook for 2023 and promised to rein in costs faster.

“The Tesla team is used to challenges,” company executives said in a letter to shareholders. “In any scenario, we are prepared for short-term uncertainty.”

The…

This article was originally published by Marketwatch.com. Read the original article here.

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