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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Tesla's six millionth car was produced in Fremont, California, marking a significant milestone. The company faces new competition from a Chinese EV priced lower than the Model 3. Concerns arise over Tesla's performance in a tough quarter, with investors anxious about potential impacts. Analysts estimate Q1 2024 deliveries falling short of expectations, indicating a possible decline compared to the previous year.
With @TroyTeslike 1Q delivs est at 409K vs 423K YoY, this could be $TSLA ‘s first YoY decline since Covid in 2020/2Q, despite 15-20% price cuts, a $7,500 up-front EV credit, and the CT halo effect. WS consensus is 431K median and 443K average so TSLA could be facing both a… https://t.co/I2kOTPM0Bx https://t.co/E8LtQYgdk3
#Tesla on Mon raised prices of full lineup of Model Y in #China by 5,000 yuan - company website information
JUST IN TESLA CHINA RAISES MODLE Y PRICES BY 5,000 YUAN ON MONDAY. #China #Tesla $TSLA