TSLA Sales Slide 15% Y/Y in China, Continues Global Decline
Schwab Network · Schwab Network
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Show Notes
Global vehicle deliveries continue to drag on Tesla's (TSLA) top line. The China Passenger Car Association reports that sales fell 15% since last year, as the EV giant continues to lose ground to Chinese competitors like BYD Co. (BYDDY). Diane King Hall looks into the trends behind Tesla's falling sales and the pressure it adds to the company's highly-anticipated robotaxi launch.
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