Tesla chief government Elon Musk stated the electrical carmaker may proceed to chop costs because the world economic system is in “turbulent instances”.
The multi-billionaire’s feedback got here after the corporate reported that its revenue margins had been squeezed because it confronted powerful competitors.
In current months, Tesla has reduce its costs a number of instances in main markets, together with the US and China.
Tesla reported that its revenue margin had fallen to the bottom degree in 4 years.
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