Tesla has been reported to be secretly developing a small and affordable SUV, with plans to manufacture it in China and expand into the Euro
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Tesla has been reported to be secretly developing a small and affordable SUV, with plans to manufacture it in China and expand into the European and American markets. This move may aim to capture the mass market, but Tesla faces mounting pressure from lower-than-expected deliveries in Q1, record-high production and sales gaps, subsidy reductions, and intensifying competition. Its stock price has fallen over 20% year-to-date. With earnings reports approaching, the market is concerned about its high-growth narrative and profitability outlook. Do you expect Tesla to perform well in this earnings report? Should investors hold their positions or exit at this point?