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Tesla’s 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

apnews.com Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.

Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

Big declines in TSLA profitability this past quarter.

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