© Reuters. FILE PHOTO: Tesla's new Model 3 sedan is seen displayed at the China International Fair for Trade in Services in Beijing, China September 2, 2023. REUTERS/Florence Lo/File Photo)'s margins are likely to drop in the third quarter and take a bigger hit in the last three months of 2023, leaving investors fretting about more price cuts needed to boost demand.
The electric automaker has given up some profitability to drive sales of its aging vehicle line-up in a high-interest rate environment and amid competition from China's BYD will also be removed; self-promotional material or business-related solicitations or PR , and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
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