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Tesla profit drop in 2Q24 highlights transformation challenges

Nuying Huang, Taipei; Eifeh Strom, DIGITIMES Asia Thursday 25 July 2024 0

Credit: AFP

Tesla's net profit fell by 45% YoY in the second quarter of 2024 to US$1.48 billion, which may indicate that the company is facing challenges with its transformation, according to market sources.

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