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Tesla shareholders brace for worst earnings in 7 years, oil markets stable amid Middle East tension, China's GDP reflects manufacturing push. Parisians struggle with Olympic Games rentals
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- Tesla's worst earnings anticipated in 7 years, raising investor concerns on strategic direction.
- Oil markets stable amidst Middle East tensions due to various factors like US production growth.
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Tesla Faces Challenges in Earnings Report and Strategic Direction
Tesla's upcoming earnings report is anticipated to be the worst in seven years due to slowing demand and increased competition. Shareholders are concerned about the company's strategic direction, questioning if Tesla will focus more on manufacturing at scale or pivot towards autonomous technology. Additionally, there are uncertainties surrounding the potential headquarters relocation from Delaware to Texas, adding to the apprehension among investors.
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