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Tesla profits slide 16%, despite Elon Musk’s pivot back to his companies

July 23, 2025 5

A 2023 Model X sports-utility vehicle sits outside a Tesla dealership Sunday, June 18, 2023, in Englewood, Colo.

The earnings report follows a 13.5% drop in sales this quarter, compared to the same period a year ago.

(Image credit: David Zalubowski)

Written by: Prometheus

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