Tesla's Electric Slide: Can New Models Recharge Sales?
Business Today Business Today
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 Published On Apr 28, 2024

#tesla #elonmusk #electricvehicle #teslainindia #teslaplant
Tesla's latest financial report has unveiled a 55% drop in net income and a 9% decrease in revenue compared to last year, its largest decline since 2012. Despite this, CEO Elon Musk's focus on ramping up production of affordable vehicles led to a surge in stock price after-hours. With earnings at $1.13 billion, down from $2.51 billion last year, Musk's shift prompts questions: Is this strategy a gamble? Can Tesla balance affordability and speed to maintain its edge? Find out in this report.

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