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InsideEVs
InsideEVs
Technology

Tesla, Lucid, Rivian Cost CA's Legacy Dealers $910 Million In Profits: Report

According to a recent report, automakers that rely on direct sales have ripped potential profits from traditional franchised dealerships in California. Data from J.D. Power suggests that some $910 million in unrealized profit was taken from the legacy dealers in 2022 alone.

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