dragontamer@lemmy.worldM to RealTesla@lemmy.worldEnglish · 4 months ago

Tesla’s 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

168

Tesla’s 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

dragontamer@lemmy.worldM to RealTesla@lemmy.worldEnglish · 4 months ago

Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

The company said it made $1.48 billion from April through June, less than the $2.7 billion it made in the same period of 2023. It was Tesla's second-straight quarterly net income decline.

Big declines in TSLA profitability this past quarter.

Chat

III@lemmy.world
link
fedilink
English
arrow-up
4·
3 months ago
Seems almost like the board didn’t have the best interests of the company in mind.

RealTesla@lemmy.world

realtesla@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !realtesla@lemmy.world

Posts must be about Tesla, EV, or AV
Meta Posts must be pre-approved.
Shitposts are limited
No Elon Worship
All Links must include the original title of the Content
Sites behind Paywalls must have text included.
Don’t be an asshole
No Image Posts

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

1 user / day
1 user / week
436 users / month
2.89K users / 6 months
2 local subscribers
477 subscribers
272 Posts
1.61K Comments
Modlog