Tesla Gets a $94 Billion Reality Check as EV Winter Sets In::Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with Elon Musk’s electric vehicle maker off to its worst start to any year — ever.
EV winter? When was EV summer?
Right after EV Spring Break
When subsidies and tax incentives made them competitive with new ICE vehicles for purchasers.