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Tesla is being CRUSHED because a bunch of new entrants started selling EVs in lower price points, causing the market to GROW 68% which is BAD for Tesla for som
by valuearb 6y ago
Tesla is being CRUSHED because a bunch of new entrants started selling EVs in lower price points, causing the market to GROW 68% which is BAD for Tesla for some reason.
Will the shorts ever quit? Sure Tesla sales dropped 20% in one unique market that is home to their biggest competitors. Those competitors finally got their EV act together and are targeting bigger markets with cheaper cars. But German consumers are going to be especially biased towards VW, BMW, and Hitlers Staff car maker. My dad worked for VW in in the US, so I never drove a non German car till I was in my late 20s.