Shares in Tesla take hit as electric car maker sees drop in profits
Tuesday, 23 July 2024
Shares in Tesla have taken a hit after the electric vehicle maker published a 45% decline in quarterly profits and warned cost reduction targets were off track.
|
||||
You Might Like💡 newsR Knowledge: Other News Mentions
|
||||
With Elon Musk’s Tesla yet to plug into India, government plans changes in new EV policy; tweaks may benefit legacy car companiesGiven the unlikelihood of Tesla committing to the construction of a local factory in the near future, discussions are underway with industry stakeholders to make...IndiaTimes |
Tesla profit falls short again as Elon Musk demands investor patienceTesla Inc reported its fourth consecutive quarter of disappointing profits on Tuesday, with CEO Elon Musk indicating that significant improvements are still some...IndiaTimes |
VinFast, Tesla’s rival, to soon drive into India with locally assembled electric vehicles; likely to sell cars in Rs 25-30 lakh rangeVinFast's new factory in Tamil Nadu is expected to start operations by March 2025, three months earlier than planned. The first locally assembled car from...IndiaTimes |
