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Tesla (TSLA) Q1 2024 Earnings Call Transcript

TSLA earnings call for the period ending March 31, 2024.

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Tesla Speeds Plan for Cheaper Cars, Calming Fears Over Strategy

(Bloomberg) Tesla Inc. is accelerating the launch of less-expensive cars in a bid to revive sagging demand following another disappointing quarter.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsRay Dalio’s Famous Trade Is Sputtering, Investors BailingThe electric-vehicle make

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Tesla 1st-quarter profit falls 55%, but announcement makes stock jump

Tesla 1st-quarter profit falls 55%, but announcement makes stock jump
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Tesla profits dropped 55% Elon Musk is still optimistic : NPR

Tesla's sales are down. It's slashing car prices and laying off staff. Yet CEO Elon Musk remains bullish on a future that's self-driving and battery-powered.

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Tesla layoffs to save $1 billion annually, Elon Musk calls it necessary for next phase of growth

Elon Musk-owned Tesla, which recently announced layoffs of some 14,000 workers, has also undertaken a recall of its Cybertruck due to an acceleration problem. The company s Q1 profits fall 55%, but shares rose on news Tesla s new models will include affordable ones.

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