GuruFocus.com

Can Musk Crack the World’s Toughest EV Market?

Tesla (NASDAQ:TSLA) just opened its first showroom in India, aiming to reboot growth as sales soften in its core U.S. and China markets. The 4,000-square-foot location in Mumbai’s Bandra Kurla Complex debuted with two Model Ys on displaypriced at $69,757 and $79,000 depending on range. That’s significantly higher than U.S. pricing, a result of India’s…

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With all that said, the EV market can continue to gain customers' trust.

‘Very dangerous for the brand’

A new poll revealed that Tesla is faltering among people across the political aisle. Unfortunately for the brand, it’s not the first time it has faced this kind of issue, with owners reporting embarrassment and disapproval of CEO Elon Musk‘s behavior.  What’s happening? Semafor published data from the Electric Vehicle Intelligence Report that demonstrated Tesla’s…

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Tesla Is in Serious Trouble in China

Tesla Is in Serious Trouble in China

As its sales continue to crater in the US and Europe, Tesla’s reliance on China — its second-largest market and biggest production hub — is growing. But thanks to a surge in far more price-competitive and lucrative offerings from Chinese EV manufacturers like BYD, Tesla’s woes look poised to metastasize there as well. Its market…

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