Tesla posts Q1 results with declined revenue


SAN FRANCISCO, April. 23 (Xinhua) -- Top U.S. electric automaker Tesla Inc. on Tuesday reported its financial results for the first quarter of 2024 with total revenue down 9 percent year over year to 21.3 billion U.S. dollars.

The electric vehicle company reported total gross profit of 3.70 billion dollars in the quarter, a year-over-year 18 percent decline, while its earnings of 45 cents a share plummeted from 85 cents a year ago.

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