Yahoo Finance autos reporter Pras Subramanian explains how Tesla is still the industry leader in electric vehicles (EVs) despite losing some market share.
Tesla (NASDAQ: TSLA) has delivered astounding returns for investors in recent years. Most importantly, Tesla has found a profitable path to deliver long-term growth, which the top automakers are struggling to do these days. Despite tremendous brand power, Tesla faces mounting pressures in the near term, including softening demand in China, which may force the company to lower selling prices on certain models.
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