Despite Tesla sitting atop the EV leaderboard in the U.S., new data shows competitors are chipping away at its lead.
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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.