Used-EV prices are crashing as buyers shift back towards hybrid vehicles

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Tesla vehicles in a parking lot

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Tesla is blaming struggling EV sales on hybrid craze

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Elon Musk
Elon Musk

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Millions of old Toyota Prius hybrids will be recycled for new EV batteries, thanks to a startup run by Tesla cofounder JB Straubel

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Tesla Motors engineer and chief technical officer JB Straubel.
JB Straubel, cofounder of Redwood Materials and Tesla cofounder and former CTO

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