April 19, 2024
Tesla is down 41% in a punishing start to the year, marked by renewed growth worries, widespread job cuts and its first year-over-year sales drop since the early days of the pandemic. Meanwhile, Exxon has finally arrested a decade-long production decline with fast-growing oil developments in Guyana and the Permian basin, maximizing the benefit of crude’s 16% gain this year.
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