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Tesla’s revenue soars amid rampant price cutting
Tesla’s revenue soars amid rampant price cutting Illustration by Alex Castro / The VergeTesla published its second quarter earnings report in which the company said it earned $3.1 billion in net income on $24.9 billion in revenue. That represents a 47 percent increase year over year compared to $16.9 billion in revenue in Q2 2022.
The company’s gross margins fell to 18.2 percent for the second...
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