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Tesla CEO says current macro environment remains very uncertain

CEO Elon Musk states: "It is worth pointing out that the current macro environment remains uncertain. And while we reduced prices considerably in early Q1, it’s worth noting that our operating margin remains among the best in the industry. We’ve taken a view that pushing for higher volumes and a larger fleet is the right choice here versus a lower volume and higher margin." Comments taken from Q1 earnings conference call.

Published first on TheFly

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