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Tesla Inc. is sticking with its full-year production forecast and promising its new Cybertruck by Nov. 30, even as it reported worse-than-expected earnings last quarter.
The Elon Musk-led company said profit, excluding some items, fell to 66 cents a share, less than the 74 cents Wall Street estimated. Revenue reached $23.4 billion, Tesla said in a shareholder letter Oct. 18. Analysts had expected the company to generate $24.06 billion in revenue.
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