Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices
The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
Sending movies through the mail, in recognizable red-and-white envelopes, helped the company become a behemoth in Hollywood.
The satellite launch company, founded by Richard Branson, announced sweeping cuts last week as it struggled to recover from a high-profile rocket failure in January.
The electric car company’s decision to slash prices appears to have offset the effect of higher interest rates.
Richard Branson’s satellite launch company, which hasn’t recovered since a January mishap in Britain, has laid off nearly all its employees.
Richard Branson’s satellite launch company, which hasn’t recovered since a January mishap in Britain, has laid off nearly all its employees.
The agreement will reduce the unprofitable office space company’s debt, giving it more financial breathing room.
Nazara Technologies, a mobile gaming company, said two of its subsidiaries had together more than $7.7 million in balances at the failed bank.
The maker of electric trucks said it expected to double production in 2023 as the supply of parts became more reliable.
The maker of electric luxury sedans said it made more than 7,000 cars in 2022, achieving a scaled-down target.
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