Sports

Tesla profits down 55 per cent amid job losses, delivery issues and Cybertruck recall

Tesla has announced a 55 per cent year-on-year fall in profits in the first quarter, down to $1.1bn.

The news comes against a background of 14,000 staff being laid off earlier this month, as well as issues over deliveries and the recall of 4,000 Cybertruck vehicles.

More follows …


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button