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Also this month, Tesla took a cautious stance on increasing EV manufacturing capacity, with CEO Elon Musk saying he was worried that higher borrowing prices would prevent potential clients from affording its vehicles regardless of worth cuts. South Korean battery agency LG Energy Solution (373220.KS) last week warned of slowing revenue progress in 2024 due to international financial uncertainties affecting the outlook for EV sales. HSBC has said it’ll launch a contemporary $3 billion share buyback programme after third quarter earnings more than doubled, regardless of lacking revenue forecasts as prices rose. October’s studying of 3.5% was largely because of …