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] 4 points 4 months ago

They have competition in the US now. KIA and Hyundai are the number one sellers in the past few months. The Ionic 5 is was the best selling EV in the US in Q2, for instance.