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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 Industry News · TechCrunch

April 25, 20247m 48s

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Show Notes

Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy continued to cut into the automaker’s bottom line

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