PALO ALTO, U.S. -- Tesla reported a second consecutive quarterly profit drop on Wednesday as the U.S. electric vehicle maker continued price cuts in China and other markets.
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A Tesla showroom in Shanghai. More than half the vehicles the company delivered worldwide in 2023 were produced in China. © Reuters
PALO ALTO, U.S. -- Tesla reported a second consecutive quarterly profit drop on Wednesday as the U.S. electric vehicle maker continued price cuts in China and other markets.