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Telsa outlook good on record profits
January 26th, 2023 - 04:05 GMT

Record profits cement Tesla’s long-term outlook

ALBAWABA — Electric vehicle powerhouse Tesla on Wednesday announced record profits for its fourth quarter and the full year, sighting tighter profit margins, price cuts and weaker-than-anticipated sales in the quarter as challenges mount. The EV company confirmed its long-term growth outlook in spite of concerns about ongoing macroeconomic and inflationary pressures and growing competition, coupled with supply chain disruptions, rising interest rates and concerns about the behavior of Elon ...
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