Earnings at Musk's car company fall as research spending cuts into profit from selling cars
Jul 22, 2026
Tesla said Wednesday that its 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.
https://www.washingtontimes.com/news/2026/jul/22/tesla-earnings-fall-research-spending-cuts-profit-selling-cars/
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