some_guy@lemmy.sdf.org to Technology@lemmy.worldEnglish · 12 days agoTesla profit tanked 46% in 2025 | TechCrunchtechcrunch.comexternal-linkmessage-square155linkfedilinkarrow-up1851arrow-down14file-text
arrow-up1847arrow-down1external-linkTesla profit tanked 46% in 2025 | TechCrunchtechcrunch.comsome_guy@lemmy.sdf.org to Technology@lemmy.worldEnglish · 12 days agomessage-square155linkfedilinkfile-text
minus-squarereddig33@lemmy.worldlinkfedilinkEnglisharrow-up15·12 days agoSome people already bought them and can’t afford to flip them for another car in this economy. Some are in leases that haven’t expired yet. Tesla sales will continue to decline until Elon leaves the company. There’s too much competition in the electric car space now.
minus-squarethejml@sh.itjust.workslinkfedilinkEnglisharrow-up5·12 days agoWhen I started work at a new location last year the EV charging section of the parking lot was almost exclusively Teslas. Year later and its much more mixed. I regularly see Porsches, BMWs, Polestars, Mustang EVs, and a few Ioniq’s and a Rivian.
Some people already bought them and can’t afford to flip them for another car in this economy. Some are in leases that haven’t expired yet.
Tesla sales will continue to decline until Elon leaves the company. There’s too much competition in the electric car space now.
When I started work at a new location last year the EV charging section of the parking lot was almost exclusively Teslas. Year later and its much more mixed. I regularly see Porsches, BMWs, Polestars, Mustang EVs, and a few Ioniq’s and a Rivian.