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Latest line: A good week for Tesla, a bad week for T.J. Cox

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Tesla

Fremont-based auto giant stands to reap billions after President Biden signs the Inflation Reduction Act, expanding tax credits for electric vehicles and incentives for green manufacturing as a key part of U.S. climate strategy.

 

 

 

 

T.J. Cox

Walnut Creek native and former one-term Democratic congressman from the San Joaquin Valley faces 20 years in prison after being  arrested by the FBI and charged with wire fraud, money laundering and other crimes.

 

 

 

Netflix

Over the year, the Los Gatos-based streaming service has lost 1 million subscribers, seen share prices drop 60%, and is subleasing office space. But it still makes billions, and new ad offerings may drive a turnaround.

 


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