As we all have seen, the EV adoption rate globally is under pressure and a lot of other order manufacturers are pulling back on EVs and pursuing plug-in hybrids instead. We believe this is not the right strategy and electric vehicles will ultimately dominate the market,Musk said during the TSLA Q1 2024 earnings call.
Last month, Tesla Model 3 wait times in China were getting longer, hinting at higher demand. Tesla China kept the ball rolling with the deliveries of the new Tesla Model Performance.
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