Tesla Stock Rising Despite Profit Warning from Auto Maker

Tesla stock rose early Monday, despite another profit warning from another auto maker which hammered shares of Tesla's traditional peers. Shares of the electric-vehicle maker were up 0.7% at $262.32 shortly after the market opened for trading. The move comes after Stellantis shares dropped 12.5% to $14.06 after cutting its full-year financial guidance. Lower wholesale shipments in North America and increased Chinese competition were reasons cited for the cut. Neither issue is a shock as other auto makers ha

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