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Tesla’s profit margin is getting hammered by EV discounts and hefty AI spending
Finance

Tesla’s profit margin is getting hammered by EV discounts and hefty AI spending

July 24, 2024 admin-dominor



Tesla's adjusted operating margin shrank to its lowest in three years in the second quarter, contributing to a plunge in the stock price.



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  • Elon Musk sets new date for Tesla robotaxi reveal, calls everything beyond autonomy ‘noise’ | TechCrunch
  • Spotify CEO says company is in ‘early days’ of hi-fi audio plans | TechCrunch

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