Tesla Stock Rises After Earnings. The Price-Cut Pain Isn’t Over.

by

By

Al Root

Updated Oct 18, 2023, 5:11 pm EDT / Original Oct 18, 2023, 8:06 am EDT

Electric-vehicle giant

reported third-quarter results that missed Wall Street estimates, underscoring that the pain of price cuts isn’t over. Tesla’s travails that it will be tough going for traditional auto makers trying to build competing EV businesses.

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