Tesla’s profits plunge as Elon Musk’s carmaker uses discounts to boost sales
Christian Davies in New York and Kana Inagaki in London
Tesla has experienced a significant drop in profits. The carmaker has resorted to offering discounts in an attempt to drive up sales. This strategy may be impacting the company’s financial performance.
- Tesla’s profits have declined.
- Discounts are being used to stimulate sales.
- The financial impact of these discounts is evident in the profit figures.
Continue reading https://www.ft.com/content/dc5e629b-562c-41e3-8b89-350af6960adc?syn-25a6b1a6=1
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