Electric vehicle makers’ 2023 setbacks forecasts challenging 2024 outlook

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Electric vehicle maker setbacks in 2023

In 2023, makers of electric vehicles (EVs) had been dealing with some tough problems that are not good for the industry. Both high inflation and high interest rates for car buyers made it difficult for companies like Tesla to sell their cars. To make things better, Tesla had to lower their prices and make less money on each car they sell. This has affected Tesla’s share price a little, but it has started to go up again….

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