Tesla reported a 9 percent decline in revenue for the first quarter of this year compared to last year, the electric car company announced on Tuesday. Tesla’s revenue drop is the largest since 2012. The EV company faces falling sales and increasing competition. Tesla has slashed prices on three of its most popular vehicles – Model X, Model Y, and Model S -…
Tesla saw a 9 percent year-over-year decline in first-quarter revenue, the electronic vehicle company said Tuesday. The drop in revenue, Tesla’s largest since 2012, comes as the EV firm faces falling sales and growing competition. Tesla slashed the price of three of its best-selling vehicles – the Model X, Model Y and Model S –… Tesla saw a 9 percent year-over-year decline in first-quarter revenue, the electronic vehicle company said Tuesday. The drop in revenue, Tesla’s largest since 2012, comes as the EV firm faces falling sales and growing competition. Tesla slashed the price of three of its best-selling vehicles – the Model X, Model Y and Model S –…
Tesla reported a 9 percent decline in revenue for the first quarter of this year compared to last year, the electric car company announced on Tuesday. Tesla’s revenue drop is the largest since 2012. The EV company faces falling sales and increasing competition. Tesla has slashed prices on three of its most popular vehicles – Model X, Model Y, and Model S -…
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