Here's What Moved Tesla Shares Today
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As is often the case, there was no shortage of news and coverage on electric vehicle leader Tesla (NASDAQ: TSLA) Thursday. The headline may have had investors turning negative about Tesla's near-term outlook, but the maintenance work scheduled for the plant is expected to increase its productivity. Another bit of news that drew a negative response from investors was the release of a May 30 interview with CEO Elon Musk in which he said Tesla's new factories in Berlin and Texas were both burning through cash and losing billions due to supply chain-related delays.