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Tesla is off to a bumpy start this year. The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the company faced a flurry of setbacks, including looming tariffs ...
The hits keep coming for the world’s richest man, Elon Musk. Tesla reported another weak quarter of performance as car buyers around the world increasingly opt for other brands. That wasn’t ...
NEW YORK — Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profit.
Tesla Inc. reported its worst quarter in years, but the unofficial measure it touted to Wall Street got a little help: a slight boost from backing out the dip in the value of its crypto holdings.
Tesla’s first-quarter profits plunged by more than two-thirds amid a backlash against Elon Musk’s electric car company that has hurt sales and sent its stock plunging. The Austin, Texas ...