Reported 3 days ago
Tesla's stock has surged ahead of Donald Trump's potential return to the White House, but analysts predict the company may face its first annual sales decline in over a decade. Tesla is expected to report record quarterly deliveries, yet will need to sell more vehicles to achieve growth in 2024. Challenges include Trump’s advisor proposals to repeal EV subsidies and a broader slowdown in the EV market, raising concerns about Tesla's sales performance amidst increasing competition and changing market dynamics.
Source: YAHOO