Tesla witnessed plunges in profit in Q2, hopes to recover in Q3
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Despite delivering a record number of vehicles in the second quarter, Tesla has lost $1.12 a share. Elon Musk has written a letter to the shareholders where he had hoped for positive third-quarter earnings for the company. Musk has also announced about a senior executive role change on Tesla's earnings call. Co-Founder J.B. Straubel, who is with the company since its inception is leaving his position to become an adviser.