Tesla posted record-high net income last quarter - but is there room to grow even more for the EV manufacturer? Or has it reached it's peak?
Yahoo Finance’s Pras Subramanian breaks down some of the biggest takeaways from Tesla’s second-quarter results, including how it navigated supply chain challenges, as well as outlook for the company and the EV space.
Tesla Inc showed signs this week of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there. Tesla raised prices for the most affordable versions of Model 3 and Model Y about a dozen times this year in the United States, according data tracked by Reuters. At the same time, Tesla recently introduced an affordable Model Y version in China, where it refrained from price cuts.