61
submitted 2 months ago by BrikoX@lemmy.zip to c/teslamotors@lemmy.zip

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
[-] Guntrigger@sopuli.xyz 48 points 2 months ago

Haha yes. I'm sure it's the hybrids (which have always been competition) and not the unhinged CEO, poor quality forcing recalls, poor progress at self driving to a point it is being overtaken by other manufacturers and a general drop in brand confidence.

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

Tesla

153 readers
2 users here now

The Tesla community of lemmy

founded 1 year ago
MODERATORS