Tesla Profit Falls 37% After It Cut Car Prices

Technology

Tesla Profit Falls 37% After It Cut Car Prices

By The New York Times

Tesla said Wednesday that its profit sank in the third quarter after it cut car prices to lift sales and earned less money from selling clean-air credits. Profit fell 37 percent, to $1.4 billion from a year earlier, the company said. Revenue rose 12 ...Read more

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