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Tesla's quarterly deliveries disappoint ahead of robotaxi unveiling
![IndiaTimes]()
Thursday, 3 October 2024
Tesla's third-quarter deliveries rose 6.4% to 462,890 vehicles, falling short of analysts' expectations. The company faces declining demand in the US and Europe despite China showing strength. Price cuts and incentives have boosted sales but squeezed profit margins. Tesla now needs a record-breaking Q4 to avoid its first annual delivery decline. The upcoming Oct. 10 event may shift focus to autonomous technologies.
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Thursday, 3 October 2024
