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Ferrari reported better-than-expected earnings and stable margin guidance, but Tesla's recent price cuts raise concerns about demand for premium EVs, weighing negatively on Tesla's outlook.
Tesla plans to hire former Lamborghini head Sharad Agarwal to boost its sales in India, signaling aggressive market expansion.
Tesla reported record quarterly EV deliveries before tax credits expired, boosting demand and signaling strong sales momentum despite industry headwinds and rival production cuts.