Comment on Tesla profits drop 55% as Elon Musk dodges cheap car questions

Tesla profits drop 55% as Elon Musk dodges cheap car questions

Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty Images) Tesla had a terrible first quarter of 2024, according to its financial results, posted yesterday. We already knew that it was a bad three months in terms of delivering cars—the automaker built tens of thousands of cars it couldn't sell as deliveries dropped by 8.5 percent, year on year.

 

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