Tesla’s profits slide over 70 percent in the fourth quarter

The Verge
By Andrew J. HawkinsJan 29, 2025, 4:10 pm125 pts
It’s one week into Elon Musk’s new role as chief cost-cutter for the Trump administration, but today, his side hustle as CEO of Tesla takes center stage with the release of the company’s latest earnings report. During the fourth quarter of 2024, Tesla said it earned $2.3 billion in net income on $25.7…

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