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Tesla’s Q1 revenue falls 9% amid mass layoffs in California, Texas

Tesla’s first-quarter revenue fell 9% amid 6,000 worker layoffs in California and Texas.

By: FreightWaves

Apr 24 2024
11
2932 Views

Tesla CEO Elon Musk said the company will accelerate the launch of less expensive EV models after its profits and revenue under performed for the third consecutive quarter. “The EV adoption rate globally is under pressure, and a lot of other auto man... [788 chars]

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