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 9 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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[–] mr_rusty_shackleford 4 points 9 months ago

And the stock went up 13%….