Tesla Faces Challenges Amid Decline in EV Deliveries and Changing Political Landscape ...Middle East

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Tesla Faces Challenges Amid Decline in EV Deliveries and Changing Political Landscape
source : Devdiscourse ( Middle East ) () 137
Tesla announced its yearly vehicle deliveries have declined for the first time, as the company faces challenges from reduced European subsidies and increased competition, particularly from China's BYD. Analysts noted that the incentives Musk presented, such as interest-free financing, failed to attract enough buyers amidst high borrowing costs.

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