Ross Gerber, a longtime Tesla shareholder, outlined to BI four reasons he thinks the stock is vulnerable to a 50% pullback this year.
Strict data privacy laws in China and the US mean Tesla’s cars are dumber than the competition in the world’s biggest consumer market.
After years of leading the industry, Elon Musk’s company is now struggling with slowing sales, increased competition, and mounting production issues. Meanwhile, Chinese automaker BYD is closing in fast, making the race for the world’s top EV ...
Shares of Tesla ( TSLA -3.96%) are trading lower on Tuesday. The company's stock lost 7.3% as of 10:45 a.m. ET and lost as much as 7.6% earlier in the day. The drop comes as the S&P 500 lost 0.9%, and the Nasdaq Composite lost 1.7%.
Tesla rolled out self-driving features to some of its cars in China after BYD said all its cars would get its self-driving tech for free.
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