Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids | TechCrunch
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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.

Tesla profits fell 55% in the first quarter as a protracted EV price-cutting strategy cut into the automaker’s bottom line.

  • Shortstack@reddthat.comEnglish
    21·
    6 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