Technology · 40 views
Tesla’s recovery hits a speed bump
The company’s sales dipped in the third quarter, after customers raced to cash in on expiring tax credits last year.
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Summary
Tesla sold fewer vehicles in the third quarter than it did a year ago, when consumers rushed to cash in on expiring federal tax credits for electric vehicle purchases. But the company still beat estimates from Wall Street, suggesting that it's recovery was still on track.
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