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Shares of Tesla Inc. edged up 0.4% Friday, taking some of the sting from steeper losses on Thursday after a backlash over controversial comments made by Chief Executive Elon Musk.
The stock dropped as much as 1.1% in Thursday’s after-hours session, after slumping 3.8% during the regular session, following news that International Business Machines Corp. IBM pulled ads from X, formerly known as Twitter. Musk, the owner of the social-media site, agreed with a post that was supportive of an anti-Semitic conspiracy theory.
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