As Tesla losses continue, Musk points to global growth

As Tesla losses continue, Musk points to global growth

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Automotive gross margins slipped and the stock sank, but CEO Elon Musk projected continued rapid growth and “incredible” profits in the second half of 2020. One surprise: J.B. Straubel, who brought Musk to Tesla, will become a senior adviser, handing his CTO job to a protégé.

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