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Tesla sells more cars but makes less money: Why Musk’s AI pivot is squeezing profits

23 July 20261 min read2 views
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Tesla sells more cars but makes less money: Why Musk’s AI pivot is squeezing profits

Tesla’s record Q2 deliveries failed to translate into higher profits as price cuts, falling regulatory-credit revenue and Elon Musk’s aggressive AI spending squeezed margins and pushed the EV maker into negative free cash flow

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This article was originally published by Firstpost.com.

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