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Tesla vehiclesReuters
•79% Informative
Tesla shares tumbled 12% on Wednesday , evaporating almost $100 billion in stock market value.
Tesla posted its lowest quarterly profit margin in five years late on Tuesday .
Biggest one-day percentage drop in Tesla 's stock since 2020 .
Tesla 's market capitalization at just under $700 billion , down from over $1 trillion in 2021 .
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