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After the Tech Sell-off: Big Bank Earnings, Hot PPI, Tesla 11-day Win Streak Snapped 7/12/24

Squawk on the Street

CHAPTER

Discussion on Tesla's Robo-Taxi Launch Delay and Stock Performance

The chapter dives into the postponement of Tesla's robo-taxi launch from August to October, following an 11-day winning streak for Tesla shares and the company's market value surpassing $800 billion. It explores Elon Musk's track record of self-driving promises and the implications of the delay on Tesla's stock performance.

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