this post was submitted on 24 Apr 2024
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Tesla

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Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids (techcrunch.com)
submitted 6 months ago by [email protected] to c/[email protected]
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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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[–] [email protected] 7 points 6 months ago (1 children)

Fuck I hope musk gets canned over this. I know the chances are near nill, but hey, a human can hope.

[–] [email protected] 1 points 6 months ago* (last edited 6 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.