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Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

As people have seen the EV adoption rate globally is under pressure and a lot of other auto manufacturers are pulling back on EVs and pursuing plugin hybrids instead. That’s our mission to get the most affordable cars to customers as fast as possible. So we expect it to be more like early 2025, if not late this year.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Now Lutz envisions selling hundreds of thousands of Volts a year, probably priced below $30,000. 9/4/07 Nick Reilly, the President of General Motors Asia Pacific, said that GM is looking at leasing batteries for the Volt to customers, rather than asking them to pay a prohibitive price for the new technology. People wont buy a full car.

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