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

(www.theguardian.com)

62 points jethronethro | 1 comments | 23 Oct 25 01:52 UTC | HN request time: 0.231s | 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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jonway ◴[23 Oct 25 07:10 UTC] No.45679074[source]▶

>>45678243 #

They also haven’t released a vehicle that is particularly relevant in like 6 years.

Yes, the Cybertruck that nobody really wants, and a Model Y with an extended wheelbase. Yay.

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1. pfannkuchen ◴[23 Oct 25 08:11 UTC] No.45679433[source]▶

>>45679074 #

Why do things have to change constantly? Like the Model Y was insanely different to any other car I’d ever driven not long ago, and Tesla was first to market on actually good electric cars. Why do they have to operate using the same strategy as legacy auto makers? Like a design refresh every 3 years to drive excitement feels manipulative to me, not like something that is absolutely necessary. Are you saying that competitor electric cars are outcompeting them by a wide margin now? I’m not really aware of which ones if so, at least in the American market. AFAIK the electric car program for all of the legacy auto makers is still a money pit for them, is it not?

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