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Elon Musk does not spend a good month yet, although he hasn’t had a good career either.
Since April started, Tesla ((Timing)) The stocks were heading down, as more than 18 % decreased. Although the technology sector seemed to return to a few hours on April 8 after the last sale, TSLA has already returned to red, as well as many of its peers.
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Most companies face a very uncertain future, as the threat posed by US President Donald Trump’s tariffs still raises high economic uncertainty. However, the expectations are particularly dark for Tesla since the auto manufacturer recently informed the delivery of Q1 and has come down to Wall Street’s restricted back.
Nevertheless, a modern announcement from China indicates that things are about to become much worse for Musk and Tesla.
Thestreet & Sol; Getty
It has become a long threat to Tesla is very huge
It is not a secret that consumer morale towards Tesla recently suffered, as it moved in the same direction of the company’s share price.
The protests occurred throughout the United States and beyond, while others resorted to sabotage in protest against the musk and its affiliation with the Ministry of State efficiency (DOGE).
Related: Key Tesla Investor makes an explicit prediction of the company’s future
As its market share in both the United States and Europe shrinks, Tesla needs a Chinese consumer base more than ever if it wants to avoid more losses. Unfortunately, one of its competitors makes great steps to overcome it as an international electric cars (EV).
While Tesla has been heading down over the past six months, the Chinese auto manufacturer byd ((He is)) Slow progress has been made and is currently in green. The company outperformed Tesla during the past two, a achievement it has accomplished without reaching the United States market.
Now, as Tesla shares continue to decline, the BYD has an opportunity to start its superiority in the stock market as well.
Investor Ross Jerber Inside recently It is believed that TSLA can decrease further, expecting 50 % correction. If this happens, it will end up trading TSLA with about $ 100 per share, not much higher than the current BYD price of $ 84.
“If the net income of the first quarter of the BYD comes at the end of the guidance, and Tesla earns only less hair than estimates, then byd will earn more money than Tesla,” Baron Reports. “Another feather will be in the cover of the Chinese auto company, and another warning to manufacture EV’s Musk.”
MUSK certainly does not need more warnings that his company’s expectations are now dark. Among the decrease in consumer morale and the price of falling stocks, the Wall Street analysts, including the explicit Daniel Evis, reduced their price expectations for TSLA share.
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Many experts foretold that the broader technology sector is heading to darker days, as definitions lead to high prices of consumers and high operational costs. However, Tesla face problems unrelated to tariffs, a factor that is likely to be interested in investors.
BYD exceeds Tesla in more than one way
Musk has other reasons for anxiety by threatening BYD. The Chinese auto industry company did not do better with the EVS than Tesla. I recently reported progress regarding independent driving technology, as another Tesla Zawiya market is trying.
Related: Perhaps Tesla has lost a self -driving war in China before it started
In February 2025, Tesla unveiled plans to introduce some features of the driver’s help to the vehicles available in China shortly after the start of the BYD, including a similar feature in all EVS. like Thestreet I mentioned:
“This step is likely to be an attempt to keep pace with the company that has outperformed it again and again. However, there is a major difference in what they do: BYD adds the auxiliary driving technology to its cars without any additional cost to consumers. Tesla features come at a price of about $ 8,800.”
Jo Jiranda, CFR Classic, described Tesla as “less developed and more expensive” than byd. He added that China is a price sensitive market, which is likely to operate against Tesla.
The growth and prospects of BYD have made clear that it is clear that it is the strongest competitor Tesla. While closing the Tesla progress at the front of the EV race, Musk is running out of time to find new ways to stay in the foreground.
Related: The Veteran Fund Director reveals the prediction of the S&P 500
