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It’s hard to overlook the $400bn hit to Tesla’s value since CEO Elon Musk disclosed on April 4 that he had bought 9.2% of Twitter shares for $2.9bn.

The share price has plunged more than 40% since then; this “vaporising” of the formerly $1-trillion company “has called attention to the risks that the company faces”, writes The New York Times (NYT). “These include increasing competition, a dearth of new products, lawsuits accusing the company of racial discrimination and significant production problems at Tesla’s factory in Shanghai, which it uses to supply Asia and Europe.”..

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