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Tesla Q2 2023 results

Jonathan Storey offers a deep dive into Tesla's latest financial results

The effects of Tesla's (several) price cuts during 2023 are plain to see in its Q2 results: deliveries rose by 83% to 466,000 units, revenue grew at just over half that rate, up 47% to US$24.9bn but operating profit dropped by 2.6% and the margin fell by 4.9 points.

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