Turkey EV tax hike compounds Tesla's woes after yet another disappointing earnings report

Tesla is facing new problems in Turkey just as the company is already struggling to recover from weak quarterly results. On Monday, Turkish authorities raised the lowest bracket of the special consumption tax on electric vehicles from 10% to 25%, directly affecting the EV maker’s top-selling Model Y. The hike was made official through a […]

Source: cryptopolitan.com (Read Full Article)