PALO ALTO, California -- Tesla reported drops in both revenue and operating profit for a second straight quarter on Wednesday, as CEO Elon Musk attempts to revamp the company with the launch of robotaxi services while dealing with a breakdown in his relationship with U.S. President Donald Trump.
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U.S. President Donald Trump and Tesla CEO Elon Musk at the White House in March. Trump has threatened to cut off billions of dollars in subsidies that benefit Musk's companies. © Reuters
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