Tesla commits to price-cutting strategy despite drop in profits • FRANCE 24 English
FRANCE24, 20 Apr 2023
Electric vehicle maker Tesla reported a 24 percent rise in revenue in the first quarter of the year, while also seeing a 24 percent drop in profits. This follows a price-cutting drive in order to gain more market share in an increasingly competitive industry. Also in this edition, the Republican Party presents its plan to raise the US debt ceiling, and American marijuana producers struggle with market saturation.
#tesla #electric #us
https://f24.my/9Q9D.y
🔔 Subscribe to France 24 now: https://f24.my/YTen
🔴 LIVE - Watch FRANCE 24 English 24/7 here: https://f24.my/YTliveEN
🌍 Read the latest International News and Top Stories: https://www.france24.com/en/
Like us on Facebook: https://f24.my/FBen
Follow us on Twitter: https://f24.my/TWen
Discover the news in pictures on Instagram: https://f24.my/IGen