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Tesla profits dip as it invests in factory upgrades and AI development
Tesla profits dip as it invests in factory upgrades and AI development Illustration by Alex Castro / The VergeTesla continues to see its margins slip due to price cuts. Today the company reported earnings of $1.9 billion in net income on $23.4 billion in revenue during the third quarter of 2023. The figures represent a small bump in revenue, from $21.4 billion the same time last year, but a big dip in profits, fall...
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