July 25, 2019 BY Valentina Kirilova

Tesla plunges 10% after reporting a worse-than-expected loss, co-founder steps down

Tesla Inc. (NASDAQ:TSLA) reported a worse-than-expected loss in Q2 earnings yesterday. The company's shares plunged as much as 12% in after-hours trading and declined 22% this year as of markets close Wednesday. Revenue was $6.35 billion versus $6.41 billion expected. Another major management change has also been announced - Tesla's co-founder J.B. Straubel, who’s been…

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