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Why Tesla Stock Tanked Friday

Why Tesla Stock Tanked Friday

Tesla (NASDAQ: TSLA) CEO Elon Musk made a big announcement last night, and it wasn't about his bid to buy Twitter. Musk went on Twitter last night to announce Tesla's first Semi truck delivery is expected to go to PepsiCo on Dec. 1. With more jobs being added in September than expected, along with a lower unemployment rate, investors see continued action coming from the Federal Reserve raising interest rates.