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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. And how should we think about them in the context of like, the Model 3 Highland update? Auto margins declined from 18.9 that previously did not have that functionality.

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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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