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Tesla's bet on trucking is bad for the company

The risk of overconfidence for Tesla is now at its highest point since the company was founded.

The business news cycle for weeks has been dominated by the carmaker's surging market cap, which at about $48 billion has passed both Fiat Chrysler Automobiles and Ford. For a brief period, Tesla also climbed above General Motors to become the largest US automaker by stock valuation.



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