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Tesla hits speed bumps in race to conquer car market
Published Wed, Jul 6, 2016 · 09:50 PM
New York
TESLA Motors' goal of shaking up the car industry has hit a fresh speed bump as disappointing car production suggests a longer wait before it reaches profitability.
Already facing questions over a fatal crash involving its self-driving system and a controversial proposed merger with ailing solar power firm SolarCity, Tesla has now slashed its 2016 delivery targets after second- quarter output lagged behind expectations.
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