Tesla Faces European Slump, Seeks Rebound in China
Update: 2025-12-03
Description
Tesla faces declining demand in Europe, despite launching a new Model Y range, due to increased competition and aging vehicles. To combat this, they introduced lease credits and cheaper models, but these still remain pricey in competitive markets. Despite challenges, Tesla saw a rebound in China sales and is expanding into semiconductors. Wall Street analysts have a mixed view on Teslas stock, with potential growth from self-driving services and robotaxi services, but concerns about future EV subsidy cuts.
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