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was laid bare, as they revealed net income to be down 55 percent this quarter compared to the same period last year. Revenue also fell nine percent.
"These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of our current platforms, and will be able to be produced on the same manufacturing lines as our current vehicle line-up," the company wrote in a That's despite growing concerns over Chinese EV makers flooding the market and undercutting the luxury carmaker with cheaper alternatives, to say nothing of a slowing overall demand for EVs.Now, by doubling down on the company's controversial driver assistance software, Musk is drawing lines in the sand.
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