Elon Musk Promises to Boost Tesla Profitability

Elon Musk Promises to Boost Tesla Profitability

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Tesla’s profits from selling is electric cars are taking a hit from its recent price cuts, but CEO Elon Musk said he has a plan to fix it. So far, investors seem to believe him, sending the company’s stock price soaring after its latest quarterly earnings release on Jan. 25. Shares stayed flat at…

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