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Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

April 23, 2024April 23, 2024 · Technology

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles.…

Read more Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
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