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Elon Musk Gets a Wake-Up Call as Tesla Valuation Falls 20% on Shrinking EV Demand

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Not even Elon Musk’s Tesla—which was touted as a vehicle manufacturing unicorn meant to dent the climate crisis—can withstand those pesky macroeconomic trends. Tesla’s valuation has just fallen as the electric vehicle market seriously cools down.

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Source: gizmodo.com