US EditionTesla profits drop 71% on weak sales and anti-Elon Musk sentiment
- Tesla's net income dropped by 71% year-over-year, with a 20% decline in car sales, according to the company's quarterly earnings report.
- Elon Musk plans to reduce his federal government work due to ongoing criticism and protests, as reported by the Washington Post.
- Tesla's market share has dropped below 50%, with rising competition from other manufacturers, according to data from Cox Automotive.
- Musk remains confident about Tesla's long-term success, stating, "We view this as a fork in the road time," during an earnings call.
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188 Articles
188 Articles
All
Left
45
Center
53
Right
21
Coverage Details
Total News Sources188
Leaning Left45Leaning Right21Center53Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 38%
C 45%
R 18%
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