Tesla Keeps Pressure on Rivals Even as Margins Shrink

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https://www.barrons.com/articles/tesla-earnings-stock-price-elon-musk-51674664721


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Tesla posted solid numbers in a make-or-break quarter for the electric vehicle giant. But current earnings are less important than guidance. And while a lot remains in flux, Tesla expects to produce the best margins in the car business while developing its next generation vehicle platform.

In short, Tesla (ticker: TSLA) wants to keep the pressure on peers, even as the global economy weakens.


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