Tesla stock dips on pressure from Red Sea delays, rising labor costs, price cuts

Tesla stock dips on pressure from Red Sea delays, rising labor costs, price cuts

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Shares of Tesla fell about 2% Friday morning as the stock faced pressure from supply chain delays due to a crisis on the Red Sea, and after offering more price cuts on its vehicles in China. In the U.S., rising labor costs and a decision by rental car company Hertz to sell off a large portion of…

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