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Tesla results miss estimates, citing lower vehicle prices

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NEW YORK Tesla reported lower than expected profits, citing declining vehicle prices as a factor as it projected a return to volume growth in 2025. Elon Musk 's electric car company reported fourth-quarter profits of $2.3 billion, down 71 percent from the year-ago quarter, where profits were boosted by a one-time tax benefit. Revenues rose 2 percent to $25.7 billion, also missing analyst estimates. The results — the first since the return of Musk ally Donald Trump to the White House — capped a

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Tesla results miss estimates, citing lower vehicle prices https://www.hurriyetdailynews.com/ - 30.01.2025 10:25

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Tesla results miss estimates, citing lower vehicle prices https://www.hurriyetdailynews.com/ - 30.01.2025 10:25
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