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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[-] skozzii@lemmy.ca 1 points 7 months ago* (last edited 7 months ago)

Musk is going to be a case study in the future of having it all, and just goes off the rails, will be interesting to see the final chapters of this chaos.

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this post was submitted on 24 Apr 2024

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