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Tesla’s Q3 deliveries hit 462,890, slightly above average analyst expectations but missing the high-end forecast of 470,000. As a result, its shares dropped nearly 6%, marking the stock’s worst day in a month. Despite this, the 6% year-over-year growth represents Tesla’s first quarter of 2024 with positive annual growth, bouncing back from declines in the first two quarters.
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Did you know the world’s first financial crash happened in 1720? It was caused by the β€œSouth Sea Bubble” in the UK, one of the earliest examples of speculative bubbles! Investors rushed to buy shares, driving prices sky-high. But when the company’s real prospects were revealed, the bubble burst, leading to massive financial losses Lesson learned β€” be wary of the market hype!
Fact: Relying on one big trade is risky business. Long-term success comes from consistent strategy and careful risk management.
Ratan Tata, the visionary former chairman of Tata Group, who transformed the Indian conglomerate into a global powerhouse through bold acquisitions, has passed away at the age of 86 this week. Let’s honor his legacy by embracing challenges and never letting fear hold us back.
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