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Earnings at Musk’s car company fall as research spending cuts into profit from selling cars

Tesla's profits fell last quarter as the car company run by Elon Musk shoveled more money into research and development, cutting into profits from a sharp increase in vehicle sales

July 22, 2026 World The Independent

Tesla’s profits fell last quarter as the car company run by Elon Musk shoveled more money into research and development, cutting into profits from a sharp increase in vehicle sales

This story was indexed from the original publisher. Read at The Independent

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