Tesla Stock Rises After Earnings. The Price-Cut Pain Isn’t Over.


Earnings Report

By Al Root

Updated Oct 18, 2023, 5:28 pm EDT / Original Oct 18, 2023, 8:06 am EDT



Electric-vehicle giant reported third-quarter results that missed Wall Street estimates, underscoring that the pain of price cuts isn’t over. Tesla’s travails underscore that it will be tough going for traditional auto makers trying to build competing EV businesses.

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