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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Has dabbling in politics ever proved so costly? Between its peak last December and its dismal first-quarter sales and earnings report last week, Tesla lost roughly $800bn in market value. That knocked a cool $100bn or so off the wealth of its co-founder and CEO, Elon Musk. The shares have since bounced a little, in part as investors have cheered Musk’s promise to…
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