GM and Ford’s gas-powered profits and hybrid successes show how hard it will be for Tesla to weather an EV slowdown
Tesla CEO Elon Musk.Tayfun Coskun/Anadolu via Getty Images Tesla finally has to deal with the EV slowdown. The EV company can’t rely on hybrids and gas cars like competitors. Musk blamed industry prioritization of hybrids for poor Q1 performance. Tesla is finally being forced to reckon with a slowdown in electric-vehicle demand, and CEO Elon [...]read moreGM and Ford’s gas-powered profits and hybrid successes show how hard it will be for Tesla to weather an EV slowdown