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Tesla (TSLA) Sales Slump in China Amid EV Price War Pressures, XPeng Forecast Disappoints

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • XPeng forecasted Q4 revenue below estimates amid intense EV price wars, with Tesla's China sales hitting a three-year low, signaling sector pressure and uneven market performance impacting Tesla negatively.
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TSLA price history

356.58 -17.11% over the displayed period

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