Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.
Big declines in TSLA profitability this past quarter.
Tesla wasn't first but they were the only ones to really break through, finally, and make EVs viable. So many failed attempts by others up to that point. Getting past the fossil fuel mentality and industry pressures was never a given.