Tesla hits $25B in Q2 revenue, but margins decrease amid price cuts

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Tesla hits $25B in Q2 revenue, but margins decrease amid price cuts

Tesla reported Wednesday net income of $2.7 billion in the second quarter, up 20% from the same period last year as once again, the company’s EV price cuts dug into profits. The automaker has repeatedly reduced the cost of its four EV models in the United States, Mexico, Europe and China. The move helped boost […]

Tesla hits $25B in Q2 revenue, but margins decrease amid price cuts

2023-07-20 06:06

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