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RE: LeoThread 2025-05-07 04:38

in LeoFinance6 months ago

Part 4/9:

The company's growth trajectory has been impressive, with 97,000 EVs sold globally in 2024, despite incurring an average loss of $10,000 for each car sold, culminating in an operating loss of $2.1 billion for that year. Such financial struggles are overshadowed by ambitious plans to boost manufacturing capacity and introduce new models worldwide.

Expanding Horizons: Ambitions and Challenges