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2024 Promises An EV Evolution With New Clean Energy Solutions

Benzinga ·  Jan 27 01:09

The EV king, Tesla Inc (NASDAQ:TSLA) had a blockbuster year, but that performance stayed in 2023. 2024 kicked off on a different note, with Tesla losing more than $94 billion in market valuation over the first two weeks of the year, marking its worse start to any year. But this isn't the only reality check for Tesla. Although it finally launched its eagerly anticipated electric pickup before 2023 ended, even Tesla acknowledged how challenging it is to bring this particular vehicle to life. Tesla CEO Elon Musk openly warned that the Cybertruck isn't expected to be profitable before 2025, along with admitting...

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