This Is Disastrous News for EV Stocks
(NASDAQ: TSLA) has been in an ongoing battle with Chinese competitors on one end and an oversupplied electric vehicle (EV) market on the other. The impact on the company has been falling sale prices and, ultimately, declining margins.
This week's news that Tesla has cut prices again is not only bad for Tesla but also disastrous news for some smaller EV companies that once had high hopes.
*Stock prices used were end-of-day prices of March 4, 2024. The video was published on March 4, 2024.
Source Fool.com
Tesla Inc Aktie
286,65 €
0,91 %
Tesla Inc ist ein kleiner Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 410 € für Tesla Inc weist auf eine potenzielle Steigerung von über 20% gegenüber dem aktuellen Kurs von 286.65 € hin.
