Tag: Price cuts
Tesla’s 2Q Profits Drop 45% to $1.48 Billion Despite Sales Drop – Autoblog Analysis
Tesla, the Austin, Texas-based electric vehicle company, reported a 45% drop in net income for the second quarter of the year compared to the same period last year. Despite a decline in profits, Tesla's...
Tesla’s Price Cuts Boost Global Sales, Yet More Improvement Needed
Tesla has been facing a decline in global deliveries since 2020, but recent aggressive price cuts have helped boost sales, according to the latest data from the company. Despite the improvement, global deliveries are...