Tesla will sacrifice profit for higher volume — CEO Elon Musk

Tesla CEO Elon Musk — Musk said Tesla's global production should reach between 1.8 million and 2 million this year.

April 19, 2023 11:57 PM

Telsa is willing to sacrifice profit for higher volume in the short term, said CEO Elon Musk, reaffirming the automaker's commitment to price cuts after missing first-quarter expectations for total gross margin.

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