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'The bad news is clear' at Tesla, says portfolio manager | REUTERS

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Tesla reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric carmaker's price cuts and incentives helped mitigate cooling demand. Liz Miller, president of Summit Place Financial Advisors, said that sales have ‘plateaued’ amid a potential EV ‘backlash,’ threatening to make Tesla look ‘more like a lot of other car companies.’ Lisa Bernhard has more.
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