Replies to post #114144 on Savvy Trades and Investments

[littlejohn]

TSLA, hate to beat on a tired mule,

but it seems that the downturn in

China sales may only be starting...

Tesla faces some of its toughest competition in
China, where the company’s sales have declined
as competitors roll out lower-priced EV models.
In June, Tesla’s sales in China dropped 24%
compared with last year, while the broader
market reported a bump in deliveries amid
a rush of discounts and government subsidies

https://www.wsj.com/business/autos/teslas-second-quarter-vehicle-deliveries-fell-4-8-7dea363d?st=r2zupl0i2qw5kve&reflink=desktopwebshare_permalink

And bringing high priced trucks to market

if a slow down in economy starts may

not right the sale's down trend...

Could be a pump up to off load more at

higher price than better days ahead now...


So we watch...LJ


.