Tesla (S)Chip)) Stocks can be shown yesterday, but that doesn’t mean everything is good news for Elon Musk. On the contrary, the negative titles are still piling up when the company breaks down.
Once known as the undisputed leader of the Electric vehicle sector (EV), Tesla has been fighting since the beginning of the year, to a large extent thanks to the polarizing actions of Elon Musk. Even after the Executive Director announced that he would withdraw from his role in the so -called Ministry of Government Efficiency (Doge), the stock prices did not gather any sustainable impulse.
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Tesla has recently revealed that its sales in China have declined by over 8% based on the annual year (YO), while the demand for electric vehicles of the battery (Bevs) continues to increase. This shows that the share of the company in an important market is slipping into a very vital moment.
Tesla now has bad news from the United States as a new rival is celebrating a major stage.
Less than two weeks ago, news emerged that Tesla had an unexpected new rival, a startup, supported by Amazon founder Jeff Bezos. Slate Automotive quiet pioneer cheap electric pickups for years, but finally entered the market with spraying.
Related: Tesla faces a great threat of rivals on the key market
The company produces personalized electric pickups with traditional design with a sticker of only $ 25,000. This low price is even more reduced by EV’s federal tax credit.
So far, the demand for these vehicles is extremely high. Slate has just announced that on May 10, he exceeded 100,000 reservations. These figures have not yet led to sales, but show that many people are very interested in owning a car truck for slate before the vehicle is released.
At first glance, this may seem like a more news about Rivian than Tesla. After all, the modern startup also produces traditional design electric pickups.
But as TechCrunch reports, the modern Slate model is a perfect contrast to Tesla’s Cybertruck because it is “affordable, deeply adaptive and very analog” and does not even come with an infoteer screen.
This comes at a time when Tesla faces a significant problem with the search for Cybertruck. As Thestreet reports, the photos show hundreds of Tesla’s futuristic trucks that sit idle in its Gigafactory facility in Texas, as well as random parking in other states.
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