Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids
Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids
techcrunch.com Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids | TechCrunch
Tesla profits fell 55% in the first quarter as a protracted EV price-cutting strategy cut into the automaker’s bottom line.
![Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids | TechCrunch](https://lemmy.zip/pictrs/image/60a03649-5022-4de9-bdbc-ecf09c269283.webp?format=webp&thumbnail=256)
Tesla profits fell 55% in the first quarter as a protracted EV price-cutting strategy cut into the automaker’s bottom line.
You're viewing a single thread.
All comments
22
comments
And the stock went up 13%….
4 0 Reply
22
comments
Scroll to top