Tesla has no upward momentum in the short term
$Tesla(TSLA.US$ Tesla can be called a technology company or an automobile company. Both statements are true. There is no denying that any of the technologies Tesla is developing can make Tesla take off, but now these technologies are not bringing any revenue to Tesla
Tesla is now only an automobile company. There is no denying that Tesla is still the leading company for electric vehicles, but there is a single model, and they are all mid-range and high-end models. For the market, the greater demand is in the middle- and low-end market, and competition in the high-end market is also very intense. It is not ruled out that Tesla's profits will continue to decline. In the past, Tesla's high profits are slowly being eroded by other brands.
The electric vehicle market is growing very slowly in North America. First, there are no government subsidies for Tesla. Tesla batteries and some parts are all Chinese suppliers. Second, the US is vast and sparsely populated. People value battery life more, and US electricity is more expensive, and more people prefer fuel vehicles. The growth rate of electric vehicles is very low.
Electric vehicles in China and Europe are growing faster, but Tesla's market share is only getting smaller and smaller under the siege of the complete industrial chain of Chinese brand cars. Tesla's current production efficiency is basically saturated. Increased production and sales will also become a new problem.
It is boldly predicted that Tesla will explore 164. Then explore 152. New models. There will be no significant increase until mass production
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