Hyperdrive
Tesla Pulled Levers on Pricing and Cost During a Tough Quarter
Elon Musk took steps to set the carmaker up for stronger results in the second half.
An aerial view of Tesla’s factory in Fremont, California.
Photographer: JOSH EDELSON/AFPThis article is for subscribers only.
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It began with a bang — a huge party celebrating the opening of its newest plant in Austin, Texas — but Tesla’s second quarter didn’t stay ebullient.