Tesla Stock Slips as China’s Auto Attack Expands Beyond EVs
This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA) shares slipped 1% Thursday as rising competition from Chinese automakers adds pressure across electric vehicles, hybrids, gasoline cars and automotive software, according to a Thursday report. Chinese manufacturers are expanding overseas as weaker domestic demand pushes them toward international markets. Their exports now include lower-cost combustion and…