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Get up to speed with what’s moving markets
Good morning. Tesla earnings, Johnson controversy, Europe's vaccine progress and a bullish OPEC+. Here’s what’s moving markets.
Tesla shares slipped a few percentage points in after-hours trading after the carmaker failed to offer a specific estimate for vehicle deliveries this year. That's even after the firm recorded a profit in the first quarter, navigated an industry chip shortage and made money off Bitcoin. "It wasn’t a blowout,” said one analyst, with lofty expectations reflected by last year's eight-fold stock rally.