Tag: Sophie Lund-Yates
Tesla profit collapses – discount battle has an effect
Tesla with quirks Tesla boss Elon Musk has recently reduced prices significantly. This puts a noticeable strain on the company’s margin. (Photo: IMAGO/USA TODAY Network) new York The price war…
Price cuts cause Tesla’s quarterly profit to collapse
new York The electric car manufacturer Tesla is feeling the consequences of the price war started by CEO Elon Musk. Tesla sales jumped 24 percent to $23.3 billion in the…