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Tesla Stock Is Down. Can Fed Rate Cuts Keep It Afloat Until Robotaxi Day?

Tesla Stock Is Down. Can Fed Rate Cuts Keep It Afloat Until Robotaxi Day?

Tesla stock fell on Friday after an epic gain the day before. Shares of EV start-up VinFast Auto dropped 7.6% after the company reported weaker-than-expected second-quarter numbers, but that probably didn’t affect Tesla stock. Mercedes shares fell 6.8% in overseas trading.