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submitted 7 months ago by BrikoX@lemmy.zip to c/teslamotors@lemmy.zip

Tesla profits fell 55% in the first quarter as a protracted EV price-cutting strategy cut into the automaker’s bottom line.

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[-] Guntrigger@sopuli.xyz 48 points 7 months ago

Haha yes. I'm sure it's the hybrids (which have always been competition) and not the unhinged CEO, poor quality forcing recalls, poor progress at self driving to a point it is being overtaken by other manufacturers and a general drop in brand confidence.

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this post was submitted on 24 Apr 2024
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