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Keyword: price cuts

Tesla's $28B Record Sales Mask Profit Challenges

Tesla reported record sales of $28 billion, yet faces challenges in maintaining profitability due to price cuts and increased operating expenses. The company's Q1 2024 results highlight a complex interplay between reven…

Ford F-150 Lightning: Price Cuts & Range Boost

Ford has announced price reductions for the F-150 Lightning following the loss of its $7,500 EV tax credit. These adjustments aim to maintain market competitiveness while also introducing enhancements to the vehicle's r…