News list for "Camp Tesla"

On Tuesday, Tesla (TSLA. O) reported a 9% drop in Quarter 1 revenue, the largest drop since 2012, as the electric car company weathered continued price cuts. Net profit fell 55% to $1.13 billion from $2.513 billion a year earlier. The drop in sales even outpaced the company's first drop in 2020 due to the epidemic. Tesla's car revenue fell 13% year-over-year to $17.34 billion in Quarter 1 2024. However, Tesla said it was accelerating the launch of "new models, including more affordable models" t...

2024-04-23 20:32:08