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Tesla (TSLA) Faces EV Margin Headwinds as Global Competition Intensifies

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The Story

News Summary

  • Tesla maintained a 50.5% US EV market share in Q2, but its US sales dropped 13% year-over-year.
  • Meanwhile, the company continues to lose crucial market share to BYD and Volkswagen across key markets in China and Europe.
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TSLA price history

358.97 -15.85% over the displayed period

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