Tesla quarterly results disappoint as discounts bite
Tesla's results for the third quarter missed analyst estimates on Wednesday, as the Elon Musk-run company was hit by higher costs and the fallout from price discounts.
Oct 18, 2023
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Tesla's results for the third quarter missed analyst estimates on Wednesday, as the Elon Musk-run company was hit by higher costs and the fallout from price discounts.
Oct 18, 2023
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Elon Musk's big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results. Sales jumped and the company beat analyst expectations ...
Jul 19, 2023
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Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
Apr 27, 2023
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Tesla's first-quarter net income tumbled 24% from a year ago as multiple price cuts across its model lineup reduced the amount of money generated per vehicle even as sales rose.
Apr 19, 2023
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Tesla's first-quarter vehicle sales rose 36% after the company cut prices twice in a bid to stimulate demand.
Apr 2, 2023
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Japanese car giant Nissan said on Thursday that net profit sank nearly 60 percent in the three months to June as pressures including a lockdown in Shanghai and chip shortages weighed on business.
Jul 28, 2022
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Ford Motor Co.'s net income rose 19% in the second quarter as the company pulled together enough computer chips to boost factory output and sales.
Jul 27, 2022
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The global shortage of computer chips and other parts forced General Motors to build 95,000 vehicles without certain components during the second quarter.
Jul 1, 2022
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Apple on Wednesday reported stronger-than-expected profits for the past quarter, fueled by growth in digital services and wearables that helped offset slower iPhone sales.
Oct 30, 2019
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