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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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[-] Shortstack@reddthat.com 1 points 7 months ago

Well, there's folks like me that don't want EVs but want hybrids. I'm sure that plays into it in some small way. Definitely dwarfed by all your reasons though

this post was submitted on 24 Apr 2024
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