Tag: Teslas
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Tesla’s China Market Share Continues To Slide (NASDAQ:TSLA)
24K-Production/iStock via Getty Images Tesla, Inc.’s (NASDAQ:TSLA) China struggles are persisting, as the American OEM saw its monthly sales decline substantially year-over-year in November, continuing a string of weak growth that began in August. Tesla’s primary China rival BYD Company Limited (OTCPK:BYDDF) continues to see solid vehicle sales growth, and is poised to potentially become…
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Tesla’s Cost Cuts Are A Strategic Error (Rating Downgrade) (NASDAQ:TSLA)
Xiaolu Chu Failure of price cuts Tesla, Inc. (NASDAQ:TSLA) sales growth has slowed noticeably over the last five quarters. Cracks started to appear in the growth story in the second half of 2022, but deliveries were maintained through the end of the year because of a strong backlog. Once that backlog was depleted, Tesla tried…