New York (AFP) April 23, 2024
Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV. Tesla reported profits of $1.1 billion, down 55 percent from the year-ago quarter on revenues of...
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Tesla profits tumble but shares rise on new vehicle plan
Credit: Energy Daily- Published 1 week ago
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