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Tesla's first-quarter net income tumbles 55% as falling global sales and price cuts reduce profits | WTAJ

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.13 billion from January through March compared with $2.51 billion in the same period a year ago. Investors and analysts […]
United States Elon Musk John Murphy Andrew Baglino America Global Research Traffic Safety Administration
Source: wtaj.com

Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.
United States San Francisco John Murphy Elon Musk Traffic Safety Administration America Global Research

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