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Wall Street is upbeat on tech megacaps, but big questions loom on AI spending, China, Trump tariffs

The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.

Tesla California registrations down 21.1% in Q2

Tesla (NASDAQ:TSLA) registrations in California were down 21.1% in the second quarter, making this the seventh consecutive quarterly decline in registrations for the EV maker in the state. According ...