Tesla’s Profit Fell 45% in the Second Quarter on Weak E.V. Sales

Posted on the 23 July 2024 by Phil's Stock World @philstockworld

Tesla on Tuesday reported a significant drop in profit in the three-month period between April and June, a result of the electric car company's sluggish sales. The automaker said it earned $1.5 billion in the second quarter of the year on revenue of $25.5 billion. In the second quarter of 2023, ...

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