dragontamer@lemmy.worldM to RealTesla@lemmy.worldEnglish · 5 months ago

Tesla’s 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

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Tesla’s 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

dragontamer@lemmy.worldM to RealTesla@lemmy.worldEnglish · 5 months ago

Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

The company said it made $1.48 billion from April through June, less than the $2.7 billion it made in the same period of 2023. It was Tesla's second-straight quarterly net income decline.

Big declines in TSLA profitability this past quarter.

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5 months ago
Seems almost like the board didn’t have the best interests of the company in mind.

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