Tesla reported first-quarter net income of $409 million, a 71 percent decline compared with the same period last year, as global sales fell because of aging products and CEO Elon Musk’s political activism, according to analysts.
Tesla reported first-quarter net income of $409 million, a 71 percent decline compared with the same period last year, as global sales fell because of aging products and CEO Elon Musk’s political activism, according to analysts.
U.S. tariffs on vehicles and parts work differently for imports from the U.K., Canada, Mexico and China than they do for the rest of the world.