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25 July 06:28

Tesla reported a decline in auto sales for the second straight quarter, causing shares to fall 8%.

Lara Maior

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Economy

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The company posted a 16% drop in automotive segment revenue to $16.7 billion. CEO Elon Musk warned that a difficult period could lie ahead due to the expiration of tax credits for electric vehicles and fierce competition in key markets. Musk's political involvement is also raising concerns among investors, hurting the brand's image. Tesla hopes to improve sales by launching a more affordable model, but the outlook for the rest of the year remains uncertain.

Sources

Acţiunile Tesla au scăzut joi cu 9% după ce vânzările sale de vehicule s-au redus pentru al doilea trimestru consecutiv

Acţiunile Tesla au scăzut joi cu 9% după ce vânzările sale de vehicule au scăzut pentru al doilea trimestru consecutiv

Acţiunile Tesla au scăzut joi cu 8%, după ce compania a raportat o nouă scădere trimestrială a vânzărilor

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