Tesla profit drops as EV maker sticks to more price cuts
Tesla profit drops as EV maker sticks to more price cuts

Tesla profit drops as EV maker sticks to more price cuts

April 20, 2023
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Tesla reported a drop in first-quarter earnings, down by 24 percent from the year-ago period. Tesla has undertaken a series of price cuts in 2023, most recently over the last 24 hours on some models in the United States.

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