Published 10 days ago

Tesla Reports One of Its Worst Quarters in Years in Latest Sign of Trouble for EV Market - The Florida Capital Star

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Tesla disclosed a shaky earnings report to the public on Tuesday in the latest sign of weakness in the U.S. electric vehicle (EV) market.

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The Ohio Star

Tesla Reports One of Its Worst Quarters in Years in Latest Sign of Trouble for EV Market

by Nick Pope Tesla disclosed a shaky earnings report to the public on Tuesday in the latest sign of weakness in the U.S. electric vehicle (EV) market. The EV maker’s revenue for the first quarter of this year came in nearly 10 percent below its revenue for the first quarter of 2023, marking the largest decline the company has seen since 2012, according to its quarterly report and CNBC. Tesla’s net income also fell by about 55 percent relative …

10 days ago

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