Business

Tesla commits to price-cutting strategy despite drop in profits


Listen Later

Electric vehicle maker Tesla reported a 24 percent rise in revenue in the first quarter of the year, while also seeing a 24 percent drop in profits. This follows a price-cutting drive in order to gain more market share in an increasingly competitive industry. Also in this edition, the Republican Party presents its plan to raise the US debt ceiling, and American marijuana producers struggle with market saturation.
...more
View all episodesView all episodes
Download on the App Store

BusinessBy FRANCE 24 English