Auto industry spent less on advertising in 2022; Tesla already spends $0
Teslarati
SEPTEMBER 19, 2022
Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8 According to data from Standard Media Index (SMI) digital ad spending accounted for 52% of the total $4.80
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