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Why Tesla Stock Bounced Ahead of Earnings

·2 min read
Why Tesla Stock Bounced Ahead of Earnings
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While Tesla (NASDAQ: TSLA) stock has been a big winner over the last year and a half, it's actually down about 6% year to date, underperforming the overall market. The leading electric car company's second-quarter earnings report comes on the same day that a closely watched potential rival began trading publicly. Lucid Motors, which expects to deliver its first luxury electric sedans later this year, is now listed on the Nasdaq stock market.