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Tesla shares tumble as Musk fails to deliver

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Tesla shares have slid more than five per cent as Elon Musk fails to wow investors about his company’s future

Tesla boss Elon Musk fronted shareholders today, outlining the company’s ambitions into 2023 and beyond.

The EV maker has bold plans to cut assembly costs by half for future generations of cars, but did not set a date on when exactly an affordable electric vehicle will be on the market.

Shares fell more than five per cent in after hours trade following the investor day, held at Tesla’s Texas headquarters.

Led by Musk, more than a dozen company executives discussed everything from a plan for the globe to embrace sustainable energy to innovation.

In an attempt to show the depth of the executive bench beyond Musk, the presentation also featured an array of senior engineers, including the new global production chief.

The company was expected to lay out a plan to make a more-affordable electric vehicles to help broaden the brand’s appeal and fend off competition.

But his never happened. #trending #featured

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Niche accountants proving essential to e-commerce success

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Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

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Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

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Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

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Financial stress deemed a leading cause of relationship breakdowns

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Expert insights on preventing financial conflicts and keeping relationships thriving

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Dee Tozer, Couples Master Coach.

#investment insights

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