Tesla’s Disappointing Q3-2023 Financial Performance- The Bloom is Off the Rose
Supply Chain Matters
OCTOBER 20, 2023
Continuing vehicle price cuts across the board have taken a toll without corresponding manufacturing cost decreases. As a comparison, the EV automaker’s automotive gross margin, excluding regulatory credits reached a peak of 25.1 The Q3 results included the reporting of a 44 percent decline in quarterly net income and a resulting 7.7
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