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Tesla Tracks Impressive Gains, Still Faces Big Challenges

"The company sold a total of 1.3 million cars in 2022, a 40 percent increase from the year before," still short of the goal of 50 percent growth the company had set, according to The New York Times. And the company's challenges now include "more intense competition from traditional carmakers like Ford, General Motors and Volkswagen...softening consumer demand," and the fact that "car buyers, especially the left-leaning, environmentally aware consumers who tend to buy electric cars, also appear to be turning away from Tesla" because of Elon Musk's "erratic behavior."

Read the whole story at The New York Times »

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