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Next Gen Launch

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"Tesla Anticipates Slower Growth Ahead of Next-Gen Launch"
business-automotive2 years ago

"Tesla Anticipates Slower Growth Ahead of Next-Gen Launch"

Tesla reported strong earnings for the fourth quarter of 2023, with a warning of a potential slowdown in sales growth for 2024 as it prepares for the launch of its next-generation vehicles in late 2025. The company's profit margins have slightly improved but are still down compared to previous years, and it faces challenges such as stricter EV tax credit rules and competition from other electric vehicle producers. Additionally, there are concerns about the company's charging network and potential spinoff of its AI work, which could impact its value.