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Tesla reports steep drop in profits despite US rush to buy electric vehicles

(www.theguardian.com)
61 points jethronethro | 1 comments | 23 Oct 25 01:52 UTC | HN request time: 0s | source
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DanOpcode ◴[23 Oct 25 04:47 UTC] No.45678243[source]▶
Just guessing, but wouldn't surprise me if most luxury brands are struggling at the moment. I don't think this is the right time to buy a brand new, luxury car for most people. Considering the inflation, unemployment and uncertainty.
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akmarinov ◴[23 Oct 25 04:58 UTC] No.45678284[source]▶
Is Tesla a luxury brand?

They don’t sell a car over 62000€ in Europe.

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1. dotnet00 ◴[23 Oct 25 05:27 UTC] No.45678430[source]▶
I think insurance considers Teslas to be luxury vehicles?