Tesla has seen its profits more than halve this year, and says it will bring forward the launch of new models and cut thousands more jobs to try to reverse its fortunes... #newsheadlines #Tesla #TeslaMotors #teslalayoffs #TeslaNews #ElonMusk #teslaprofits https://www.bbc.com/news/articles/c72pvz18x4lo
Tesla profits cut in half as demand falls

The EV maker brings forward launch plans for new models as profits drop by more than half.

Tesla’s net income drops 55% in first quarter amid falling global sales
The Austin, Texas, company said it made US$1.13 billion from January through March compared with US$2.51 billion in the same period a year ago.
#globalnews #Consumer #ElectricVehicles #Tesla #Teslaprofits
https://globalnews.ca/news/10445127/tesla-first-quarter-income-drops/
Tesla’s net income drops 55% in first quarter amid falling global sales

The Austin, Texas, company said it made US$1.13 billion from January through March compared with US$2.51 billion in the same period a year ago.

Global News
Tesla’s net income drops 55% in first quarter amid falling global sales
The Austin, Texas, company said it made US$1.13 billion from January through March compared with US$2.51 billion in the same period a year ago.
#globalnews #Consumer #ElectricVehicles #Tesla #Teslaprofits
https://globalnews.ca/news/10445127/tesla-first-quarter-income-drops/
Tesla’s net income drops 55% in first quarter amid falling global sales

The Austin, Texas, company said it made US$1.13 billion from January through March compared with US$2.51 billion in the same period a year ago.

Global News