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Tesla Inc. seems to have initiated paid advertising on Instagram, marking its second promotional venture on a Meta Platforms Inc.-owned social media platform within less than a few days of commencing the same on Facebook. What Happened: Tesla investor and influencer Sawyer Merritt posted that Tesla has officially started paid advertisements on Instagram. This marks the company’s first foray into advertising on the platform, which boasts over 2 billion monthly active users, or as Merritt put it, approximately a quarter of the global population. See Also: 6 Best Social Media Stocks This move com…