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Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids
Apr 25 2024
Length: 8 mins
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Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids

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Summary
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 Learn more about your ad choices. Visit podcastchoices.com/adchoices

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