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Tesla Under Investigation for Securities & Wire Fraud, Reddit Stock Soars as Revenue Pops

The Rundown

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Analysis of Reddit's Q1 Revenue, Uber's Earnings, and Tesla's Investigation

This chapter delves into Reddit's strong revenue growth in Q1 driven by advertising, Uber's surprising loss due to equity investments re-evaluation, and Lyft's positive earnings. It also covers breaking news of Tesla facing an investigation for wire and securities fraud linked to its self-driving technology claims.

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