Tesla discounts set to power quarterly revenue growth, hit profit
strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters while dragging down margins to a three-year low in the April-June period.
The only reason Tesla delivered slightly more cars in the second quarter than the previous three months was because it discounted heavily at the cost of its margins, said Vitaly Golomb, an investment banker who focuses on mobility.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Tesla owners share perks of owning the EV over any other car - AutoblogTesla owners are part of an elite club of early adopters in the push toward EVs. More than a dozen owners shared why they prefer a Tesla.
Leer más »
First Tesla Cybertruck pre-production prototype comes off the line - AutoblogThe first Tesla Cybertruck pre-production prototype comes off the line at Giga Texas. Tesla has more than 1.6M pre-orders for the stainless steel pickup.
Leer más »
Elon Musk: xAI will work with Tesla and seek to 'understand the universe' - AutoblogElon Musk discussed his vision for xAI for the first time while veering into topics such as the Earth's evolution and the fragility of civilization.
Leer más »
Ford lowers price of its electric truck by nearly $10,000Ford is taking the Tesla tack, significantly lowering the price of its F-150 Lightning pickup.
Leer más »
European power prices fall below zero with green power boom - AutoblogElectricity prices across Europe are set to fall below zero this weekend thanks to a surge of summer winds combined with the peak season for solar power.
Leer más »
U.S. to decide soon on GM's request to deploy cars without steering wheels - AutoblogU.S. regulators will soon decide on a petition filed by General Motors' Cruise self-driving technology unit seeking permission to deploy up to 2,500 self-driving vehicles annually without human controls, a top auto safety official said on Wednesday.
Leer más »