Tesla profit margins worst in five years as price cuts, incentives ...

Jul 23, 2024 · Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter, as the electric vehicle maker cut …

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Tesla's Bleak Margins Sink Shares As Musk Hypes Everything But Cars

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Jul 25, 2024 · It was the biggest one-day percentage drop in Tesla's stock since 2020, and it left Tesla's market capitalization at just under $700 billion, down from over $1 trillion in 2021.

reuters.com

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Tesla Profits Cut In Half As Demand Falls - BBC

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Apr 24, 2024 · Tesla has announced its profits fell sharply in the first three months of the year to $1.13bn (£910m), compared with $2.51bn in 2023. ... The company has suffered from falling …

bbc.com

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Tesla’s Profits Sank Sharply In The Second Quarter Of 2024 - MSN

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Tesla’s profits sank sharply in the second quarter of 2024. T esla published its second quarter earnings report, in which the company said it earned $1.48 billion in net income on $25.5 billion ...

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Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V.

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Jul 23, 2024 · Katrin Streicher for The New York Times. Tesla on Tuesday reported a 45 percent drop in profit in the three-month period between April and June, a result of the electric car …

nytimes.com

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Tesla's Q1 2024: Challenges And Opportunities On The Road Ahead

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Apr 25, 2024 · Tesla's total revenue for Q1 2024 reached $21.30 billion, marking a decrease from the $23.33 billion recorded in Q1 2023. This reduction can be attributed to a combination of …

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