Tesla shares have been in the spotlight due to concerns about slowing demand and competition. The stock recently dipped below $300 for the first time since early 2020. Tesla recently halted production at its Fremont factory in California for maintenance. This has raised concerns about whether the company will meet its delivery targets for the year. China, Tesla's biggest market, saw a significant drop in deliveries in November compared to the same month last year. Tesla is facing a lawsuit from Swedish labor unions related to the company's production in its Gigafactory in Berlin. The company is also being investigated by US authorities over an alleged robot attack on an employee at its Gigafactory in Texas. Elon Musk, Tesla's CEO, has been criticized for his recent Twitter activity and alleged distraction from the company.
Overall, Tesla is facing a challenging period with concerns about demand, production, and leadership. However, the company still has a strong brand and loyal following, and its long-term prospects remain promising. @TigerEvents @MillionaireTiger @TigerStars
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- CaseyLKC·01-10OkayLikeReport