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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. If we have an internal cell production, then we have that hedge against demand shocks, we have too much demand. Elon Musk: Yeah. Elon Musk: Yeah, just bonkers.

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