this post was submitted on 23 Jul 2024
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Tesla’s 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans (apnews.com)
submitted 4 months ago by [email protected] to c/[email protected]
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Big declines in TSLA profitability this past quarter.

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[–] [email protected] 2 points 4 months ago (1 children)

I was into the Cybertruck until Elon dropped the $40k trim.. I really wanted a basic truck that was viable as a daily driver.

[–] [email protected] 2 points 4 months ago (1 children)

Watching musk over the years running his companies into the ground, I always assumed that trim would never materialise

[–] [email protected] 1 points 4 months ago

Well he bought Maxwell batteries for their dry coat process, but it isn't scaling well