Tesla Fights For Its Life

Tesla is on its way to losing money and has already lost its lead as the world’s largest EV company. While it struggles in the US, its future is severely damaged in China, which is the world’s largest EV market. There are dozens of EV companies there that have badly damaged Tesla’s sales and driven up industry discounts. It has also been badly battered in the EU, where BYD has moved well ahead of its competitors in the EV sector, and legacy car companies are making large EV investments. In the US, EV sales have stopped growing and have even dropped