Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
By The Associated Press - | Apr 24, 2024
FILE - The logo for the Tesla Supercharger station is seen in Buford, Ga, April 22, 2021. Faced with falling global sales and a tumbling stock price, Tesla has slashed prices again on some of its electric vehicles and its “Full Self Driving” system. Tesla releases first-quarter earnings Tuesday, April 23, 2024. (AP Photo/Chris Carlson, File)
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