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Tesla Earnings Are Likely to Drop. A Price War Has Consequences.

Por: MarketWatch Business April 19, 2023

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Wall Street is looking for per-share earnings of about 85 cents from $23.7 billion in sales for Tesla, according to FactSet. A year ago, Tesla reported $1.07 a share from $18.8 billion in sales. Tesla significantly for its vehicles in January and lower prices pressure profitability. The EV maker cut prices for some of its vehicles again . The price of a Model 3 rear-wheel drive was cut by $2,000 to $39,990, the company’s website showed. The... + full article



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