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

(www.theguardian.com)
62 points jethronethro | 3 comments | 23 Oct 25 01:52 UTC | HN request time: 0.001s | 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. iancmceachern ◴[23 Oct 25 05:51 UTC] No.45678573[source]▶
and they dont sell one under $40k in the US, that buys you two toyota corollas
replies(1): >>45678667 #
2. nicce ◴[23 Oct 25 06:05 UTC] No.45678667[source]▶
Which will outlive Tesla cars at least by decade.
replies(1): >>45680515 #
3. ◴[23 Oct 25 11:10 UTC] No.45680515[source]▶