Tesla Profits Plummet 55 with Electric Car Sales Depressed – 2024-04-25 00:25:34
Tesla reported a big drop in quarterly profits, reaching US$1.1 billion, down 55% from a year ago(AFP) TESLA reported a big drop in quarterly profit on Tuesday, indicating intense pressure on the electric vehicle market that has resulted in deep cost cuts. Elon Musk’s electric car company reported profits of US$1.1 billion, down 55% from … Read more