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Tesla profit plunges 55%, as shares bounce on plans for cheaper vehicles

The Texas-based company reports profits of $1.1bn in the first quarter, down from $2.51bn a year ago.

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Apr 24, 2024 - 10:45
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Tesla profit plunges 55%, as shares bounce on plans for cheaper vehicles
The Texas-based company reports profits of $1.1bn in the first quarter, down from $2.51bn a year ago.
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