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Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids (techcrunch.com)
submitted 7 months ago by BrikoX@lemmy.zip to c/teslamotors@lemmy.zip
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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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[-] ramenshaman@lemmy.world 4 points 7 months ago

EV sales have been steadily increasing

https://www.canarymedia.com/articles/electric-vehicles/chart-ev-sales-on-pace-to-break-1-million-in-us-this-year

this post was submitted on 24 Apr 2024
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