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Tesla falls short of 50% growth goal in 2022, stock plummets amid Elon Musk’s Twitter distraction

Shortpedia

Content Team
Image Credit: twitter

Elon Musk-run Tesla has missed its target of 50 per cent growth in production and deliveries for 2022, as its stock plummeted around 65 per cent amid Musk's $44 billion Twitter takeover last year. The automaker needed to sell 495,760 vehicles in its fourth quarter (Q4) to have achieved the 50 per cent growth guidance.