The Walls Are Closing in on Tesla

Tesla began to feel harm-a large part of it due to musk wounds. Despite the price of the arrow that is slowly recovering from a catastrophic year so far, the company has witnessed that sales are dropping from a very slope cliff in the main markets, including Europe, China and its grass in the United States.

like Forbes Reports, the walls only begin to close as Tesla’s competitors in China began to make great moves, which leads to the company’s jump not only in terms of sales and revenues – but technology as well.

Earlier this week, the news emerged that the Chinese BYD Maker had crushed Tesla by passing the $ 100 billion mark last year. This is compared to Tesla’s revenues of $ 97.7 billion during the same period.

BYD also works on programs that compete directly with the TESLA system, which is full called “Eye’s God”. The higher version of the program will benefit from the laser and laser sensors, which have been badly given Tesla in favor of the exclusive dependence on the cameras.

Competition in China only grows.

“People in the West began to pay attention to BYD, but there is this kidneys from others [Chinese] EV makers have no idea, “Sino Auto Insights Tu LE Forbes.

“Many have Tesla outside Tesla in software and extent and in smart driving and make Tesla look like Laggard,” he said. “It is at risk to becoming an EV manufacturer, which is built in the three largest passenger vehicle markets while each market is slowly sliding from its hands, partly due to self -made mistakes and the competition that focuses on the laser.”

All attention will be on Tesla when the company announces its new quarterly results early next month. The worst analysts expect in light of the increase in the anti -seller’s morale that leads the company’s sales down, the absence of new attractive products, and a significantly damaged brand.

The chief analyst of analyst Ed Kim at Autopacific Industry Cliss said Forbes.

“The paradox is that the most important climate and environment company in the world is now being treated as an outlook because of Elon. It is crazy,” said Ross Gerber, CEO of the shareholders and wealth company, Ross Gerber, for the post.

“The worst part is that in China they do not care about politics,” he added. “In China, it decreased due to actual competition.”

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