Tesla's Overlooked $14.5 Billion Problem Is Only Accelerating
In most years, (NASDAQ: TSLA) losing its title as the world's best-selling electric vehicle (EV) maker would have been the biggest topic of discussion about the company. But this year, there are so many other options to choose from. In addition to declining sales and a smaller market share last year, Tesla faced consumer backlash due to CEO Elon Musk's political dabbling, underutilized production across multiple factories, rising Chinese competition, and China's brutal price war. And that's not even all of it.
What often goes overlooked, however, are the automaker's mounting litigation problems. These could leave the company on the hook for billions in financial exposure.
Image source: Tesla.
Source Fool.com
Tesla Inc Stock
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