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Tesla Profit Falls Even as Car Sales Rebound

NYT > Business·July 22, 2026
Tesla Profit Falls Even as Car Sales Rebound

Tesla's profit has decreased despite an increase in car sales. The company's rebound in sales was offset by price cuts, which reduced revenue. Higher expenses also contributed to the decline in profit, impacting the company's overall financial performance. As a result, Tesla's profitability has taken a hit, even as its sales numbers have improved.

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