Wall Street suffered its worst day of trading in 19 months as disappointment around earnings from Tesla and Google challenged the recent big-tech rally.
The technology-focused Nasdaq retreated 3.6%, its largest single-day decline since October 2022.
Elon Musk's attempts to get investors to look anywhere but at the bottom line has also backfired.
Until robots or robo-taxis start to make money, EVs are the only game in Tesla town, and margins have been wrung out.
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