Tesla warns of slowing growth before new model launch next year en.apa.az - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.apa.az Daily Mail and Mail on Sunday newspapers.
Tesla expects to start production of its long-anticipated, next-generation electric vehicle (EV) at its Texas factory in the second half of 2025, CEO Elon Musk said on Wednesday (Jan 24). But Tesla shares were down 6.5 per cent in premarket trading as Musk noted that ramping up production of the new vehicl
SAN FRANCISCO: Tesla on Wednesday (Jan 24) warned of “notably lower” vehicle sales growth this year and reported a fall in fourth-quarter gross margin.
Tesla Sales: Net income more than doubled from the previous year to USD 7.9 billion, including a USD 5.9 billion noncash gain related to deferred tax assets. Tesla said lower raw material costs and U.S. government credits helped lower cost-per-vehicle, but Cybertruck production and AI and other research projects increased costs.
Hodges Capital Selects Ultimus as Fund Administrator for Series of Mutual Funds streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.