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Tesla to expedite launch of latest vehicles as income declines

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April 23, 2024
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Tesla’s Quarterly Revenue Drops for First Time in Four Years, Company Announces Cost Cutting Measures Tesla, the electric carmaker founded by Elon Musk, has reported a drop in quarterly revenue for the first time in almost four years. According to the company’s financial result filings, Tesla achieved revenues of $21.3bn in the first quarter of the year, a 9% decrease from the $23.3…

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