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Tesla Gets a $94 Billion Reality Check as EV Winter Sets In (www.bloomberg.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Tesla Gets a $94 Billion Reality Check as EV Winter Sets In::Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with Elon Musk’s electric vehicle maker off to its worst start to any year — ever.

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[-] Telodzrum@lemmy.world 3 points 10 months ago

When subsidies and tax incentives made them competitive with new ICE vehicles for purchasers.

this post was submitted on 13 Jan 2024

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