Tag Archives: ELON MUSK SAYS TESLA WILL PUT SALES GROWTH AHEAD OF PROFIT

Tesla Inc (TSLA.O) boss Elon Musk on Wednesday doubled down on the price war he started at the end of last year, saying the electric vehicle (EV) maker would prioritize sales growth ahead of profit in a weak economy. The company posted its lowest quarterly gross margin in two years, missing market estimates, as it slashed prices aggressively in markets including the United …

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