Reported 30 days ago
Elon Musk's target of increasing Tesla vehicle sales by 30% next year, despite a new low-cost model and advancements in self-driving technology, has raised skepticism among analysts and investors. With a backdrop of declining demand for Tesla's products and increasing competition in the EV market, many experts doubt Musk's forecast of significant growth, contrasting it with Wall Street's more conservative expectations. As global EV sales growth slows, Tesla's future hinges on the successful introduction of affordable models and the performance of their existing lineup.
Source: YAHOO