Tesla made more money in 2022 than ever before, but its future still ...

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The Verge 3d ago

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Tesla made more money in 2022 than ever before, but its future still ...

Analysts believe that the company’s recent price cuts are just the latest sign the EV market may be entering the “shake-out” phase in which there are now many EVs on the market, shorter wait times, and falling prices.

It was a quarter of unique struggles for Tesla, which included declining demand, an aging lineup, and increased competition from legacy automakers.