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1 year ago

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Tesla's rampant price cutting is taking a toll on its profits

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Tesla's rampant price cutting is taking a toll on its profits

Tesla's price cuts are taking a toll on its profit margins, which dipped below 20 percent in the first quarter of 2023. Model 3 and Model Y prices have been cut five times since January 2023.

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Tesla's rampant price cutting is taking a toll on its profits

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Tesla's rampant price cutting is taking a toll on its profits

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