this post was submitted on 24 Apr 2024
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Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids (techcrunch.com)
submitted 10 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] 1 points 10 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