this post was submitted on 24 Apr 2024
61 points (93.0% liked)

Tesla

184 readers
13 users here now

The Tesla community of lemmy

founded 1 year ago
MODERATORS
ZippyBot@lemmy.zip
61
Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids (techcrunch.com)
submitted 6 months ago by BrikoX@lemmy.zip to c/teslamotors@lemmy.zip
22 comments fedilink hide all child comments
 

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

you are viewing a single comment's thread
view the rest of the comments
[–] ramenshaman@lemmy.world 4 points 6 months ago

EV sales have been steadily increasing

https://www.canarymedia.com/articles/electric-vehicles/chart-ev-sales-on-pace-to-break-1-million-in-us-this-year