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Timing ((Timing)) The stocks may have risen yesterday, but this does not mean that it is all good news for Elon Musk. On the contrary, negative titles are still accumulating with the company’s stumbling.
Tesla, which was unpredictable as the leader, has been struggling since the year, and this is largely due to ELON Musk. Even after the CEO announced that he would retract his role in the so -called Ministry of Governmental efficiency (DOGE), stock prices have not had any sustainable momentum.
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Recently, Tesla revealed that its sales in China have decreased more than 8 % on an annual basis (YOY) while the demand for electric cars for battery (Bevs) continues to rise. This indicates that the company’s important share of the market slides in a very vital time.
Now Tesla has more bad news from the United States, where a new competitor celebrates a major teacher.
Photo and colon source; APU GOMES & Sol; Getty Images
Tesla is coming for the market share Musk
Less than two weeks ago, the news broke out that Tesla had Tesla had a new unexpected competitor, an emerging company with the support of Amazon Jeff Bezos. Slate Automotive was a pioneer in small -cost trucks for years, but finally I entered the market With spray.
Related: Tesla faces a great threat from its competitors on the main market
The company produces a customized electric pickup truck with a traditional design at a label of only $ 25,000. This low price decreases more with federal tax credit.
To date, the demand for these vehicles is very high. Slate has just stated that during the weekend on May 10, it exceeded 100,000 reservations. These numbers have not yet led to sales, but they show that many people are very interested in having an electric truck for Slate cars before release.
At first glance, this may seem to be worse news for Rivian than Tesla. After all, the trendy startup also produces electric pickup trucks with a traditional design.
But as Techcrunch He has I mentionedThe modern Slate model is an ideal contradiction with the Cyberrtruck from Tesla, because it is “affordable, very profitable and very analog”, and not to come with the information and entertainment screen.
This comes at a time when Tesla has a problem with demand on the Internet. As mentioned. The pictures have shown Hundreds of future trucks in Tesla Gitin at the Texas Gigavactior facility, as well as in random parking lots in other states.
More news of Tesla:
- Al -Soudi analyst says that the launch of Tesla Robotaxi is there for failure
- Illon Musk’s ambitions struck robotics with the main road barrier
- Tesla’s decision reveals a major demand problem
Musk spent years raising the level of Cybertruck, promoting it as a tool for the future, even when she faced many delay in production.
Despite the initially high reservations when Tesla recently released, it is clear that the supply exceeds the demand, as Tesla provides a big problem at a time when you are already having a problem selling EVS.
High demand for Tesla control truck tells a critical story about the industry
As the demand for the Slate option is increased at reasonable and elegant trucks steadily while slowing Cybertruck sales, it is not difficult to see the wall writing. Consumers are interested in an affordable electric truck from spending a lot of money on the future Musk vision.
This may be because many consumers have chosen to buy any Tesla vehicle recently, which is a clear response to the political affiliation of musk. But it also indicates that the truck buyer is looking for a traditional traditional style, which can actually work as a model pickup truck.
Tesla has recently tried to rename Cybertruck as a tool for the public person No goldExperts expect that it will continue to fail. It is clear that people who need a truck to work do not want to switch to Cybletruck, especially given its high price.
Slate Automotive makes great progress and is already following up before any trucks launch. The last thing Musk now needs is another competitor, but now he has one supports one of his biggest competitors.
Related: The Veteran Fund Director reveals the prediction of the S&P 500
