Tesla struggling with plunging profits, Musk promises to refocus on business
Elon Musk’s promise of the arrival of self-driving technology managed to persuade investor confidence once more /Tesla
Confirming expectations, Tesla’s finances have fared poorly at the start of 2025. The pioneering EV maker saw net income fall by 71% to just $409 million during the first quarter. If it weren't for regulatory credits, the company would report losses, which means that its car-making business is cur


Comments
Ready to join the conversation?
You must be an active subscriber to leave a comment.
Subscribe Today