Why Tesla and EV Upstarts Are Struggling While GM and Ford Profits Reach New Heights
(NASDAQ: TSLA) is cutting prices and margins are falling while EV competitors are facing challenges. As the EV market becomes more uncertain, legacy automakers are reporting higher profits, which in this video Travis Hoium says bodes well for their value over the long term.
*Stock prices used were end-of-day prices of July 28, 2023. The video was published on July 31, 2023.
Source Fool.com
Tesla Inc Stock
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