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Tesla Reports Profit Drop On Price Cuts, Lower Vehicle Sales (www.ibtimes.co.uk)

submitted 3 months ago by rosschie@lemdro.id to c/technology@lemmy.world

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Tesla reported a hefty drop in second-quarter profits Tuesday due to the effect of price cuts while spending aggressively on autonomous driving and other technology.

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[-] mosiacmango@lemm.ee 2 points 3 months ago

Yup.

this post was submitted on 30 Jul 2024

127 points (97.0% liked)

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