Reported 10 months 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