Tesla’s growth brakes as Chinese competition leapfrogs
According to Elon Musk the Chinese auto makers have the competitiveness and product quality to wipe out the traditional players. /newspress
The news that the Model Y was the best-selling vehicle worldwide couldn’t remedy the market’s disappointment in the company’s annual results. Slow growth, dwindling margins, and a solid performing rival, BYD, form dark clouds above the company’s headquarters.
During the earnings call, the C
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