Is Tesla’s price war backfiring with crumbling margins?
After the earnings’ call Elon Musk lost 16 billion dollar in stock value. /Newspress.uk
Grey clouds are overshadowing Tesla’s long-lasting winning streak. During the presentation of Q3 earnings, the company announced crumbling margins, a delay for its Mexican factory, and worries about the profitability of its highly anticipated Cybertruck.
Tesla’s chase for more volume, fueled by
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