Q4 2020 results


Tesla disappoints as China EV rivals hurt margins

Tesla disappoints as China EV rivals hurt margins

(ATF) Tesla fourth-quarter profit fell short of Wall Street expectations on Wednesday January 27 and the company failed to provide a clear target for 2021 vehicle deliveries. Fierce electric vehicle (EV) competition in China hit margins and Tesla’s stock fell, pulling down shares in Chinese rival Nio.The disappointing Tesla results …

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