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Tesla’s Net Worth of Digital Asset In Q1 Was The Same As Last Year’s Q4 at $184 Million
Summary: Financial report data released by Tesla (TSLA.O) showed that the net value of digital assets in the first quarter was the same as last year’s Q4, at $184 million. In addition, Tesla's first-quarter revenue fell 9%, the largest decline since 2012, as the electric car company is experiencing the impact of continued price cuts. Net ...
Financial report data released by Tesla (TSLA.O) showed that the net value of digital assets in the first quarter was the same as last year’s Q4, at $184 million.
In addition, Tesla's first-quarter revenue fell 9%, the largest decline since 2012, as the electric car company is experiencing the impact of continued price cuts. Net profit fell to $1.13 billion from $2.513 billion in the same period last year, a decrease of 55%. The decline in sales even exceeded the company's first decline caused by the epidemic in 2020.
However, Tesla said it was accelerating the rollout of new models, including more affordable models, that would "be able to be produced on the same production lines as Tesla's existing product lines."
Tags: Digital Asset,Tesla
Link: Tesla’s Net Worth of Digital Asset In Q1 Was The Same As Last Year’s Q4 at $184 Million [Copy]
