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-0.000296296296296195 -0.00325925925925916 0.000888888888888923 -0.0026666666666666 0.00225185185185182 0.00438281481481479 0.000987851851851971 -0.00151111111111108
Stock impact report

Hybrids drive EU 28 demand [Yahoo! Finance]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Yahoo! Finance
382,700 units registered between January and March this year, the highest number of quarterly registrations for the category since 2021. HEV volume was up 18% on the corresponding quarter in 2023, compared to year on year increases of 3.8% and 4.8% for EVs and the overall new car market respectively, according to JATO Dynamics. This growth was even stronger when compared to the same period in 2022 (+50%). By contrast, the EV market and overall market had grown by 39% and 23% respectively. “Consumers are familiar with hybrid vehicles; they've been in the market for more than two decades now. For many drivers, they are now the best option: cheaper than EVs at point of purchase and not reliant on public charging infrastructure that simply isn't there in many markets,” JATO said. Its data for four of the largest European markets showed average retail price of a HEV in February 2024 was 11% and 21% lower than that of petrol (including mild hybrid electric vehicles, or MHEVs) and di Show less Read more
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