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Tesla's Q1 earnings: Boon or bane for its global price cuts?
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Tsla's strategy

As competition for electric vehicles became more and more intense, traditional fuel vehicle brands also joined this market competition around trillion dollars of market capitalization. In this environment, the one-sided pursuit of profit eventually led to an irreversible decline in market share. However, for Tesla's brand with the largest share of the electric vehicle market, the decline in market share is fatal. If we compare other brands, we will find that the profits and market share of other brands of electric vehicles have been squeezed by Tesla, and some have even lost money and market share has declined. Although Tesla's profit margin has declined, it is still developing healthily. In the end, Tesla is still king in the electric vehicle market.
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