Tesla profits down 55 per cent amid job losses, delivery issues and Cybertruck recall
by Josh Marcus
Apr 23, 2024
2 minutes
Tesla experienced a 55 per cent decline in profits this quarter compared to the same period last year, according to the EV company’s latest financial disclosures.
During that same period, revenues fell nine per cent, to $21.3bn, according to the filing on Tuesday. It’s the largest.
You’re reading a preview, subscribe to read more.
Start your free 30 days