From #NYTimes: #Tesla profits drop sharply in Q2 2024 due to a drop in car sales.
https://www.nytimes.com/2024/07/23/business/tesla-q2-earnings-elon-musk.html
From #NYTimes:
#Tesla's slump in sales appears to be at least partly the result of the right-wing politics of Mr. Musk. Tesla’s early customers and fans included many environmentalists and left-leaning consumers, many of them residents of California. Registrations of new Teslas in the state fell 24 percent in the second quarter, according to data published last week by the California New Car Dealers Association.
From #CNN:
"Telsa profit in the second quarter plunged more than 40% from a year ago, as the electric vehicle company has faced both more EV competition from established automakers and a slowing of overall EV sales growth."
https://www.cnn.com/2024/07/23/business/tesla-earnings/index.html
@WordsmithFL
Plus the fact that Muskrat has pissed off most of the EV user base...