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Tesla Stock Dives 21% as BYD Erodes Market Share and AI Skepticism Mounts

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Tesla shares have dropped 21% this year, consistently lagging the broader market.
  • The automaker faces intense margin pressure and market share loss to low-cost rivals like China's BYD, alongside persistent investor skepticism regarding Elon Musk's long-term robotaxi and AI vision.
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TSLA price history

365.44 -12.53% over the displayed period

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