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NHTSA Probes Tesla Cybercabs as Funds Increase TSLA Stakes

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Empowered Funds LLC boosted its Tesla stake by 10.5% to 201,519 shares, while other asset managers also added or initiated smaller positions. Tesla reported quarterly EPS of $0.33, below the $0.50 consensus, though revenue rose 25.5%. Shares fell after the NHTSA opened a probe into the certification and safety of nearly 1,000 Cybercabs lacking steering wheels and pedals.

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