Tesla in crisis? Stock drops 25% as BYD surges
Press Hub UCapital
Share:
Tesla losing ground
Tesla shares have dropped 25% from their all-time high, wiping out over $250 billion in market value. Declining sales across europe, the us, and china are putting pressure on the stock, as traders begin to question tesla’s ability to sustain its ev dominance.
Musk’s political controversies
Tesla’s ceo is polarizing public opinion with his aggressive political stance and involvement in government affairs. while Space X and Tesla continue to receive public funding, the latest controversy revolves around a $400 million contract to supply armored electric vehicles to the US government. The deal sparked such backlash that the White House removed Tesla’s name from its official report.
BYD gaining momentum
chinese ev giant byd is capitalizing on tesla’s struggles. In the Uk alone, sales skyrocketed 550% in january, signaling a rapid expansion into traditionally western-dominated markets. If this trend continues in february and march, Tesla could lose even more ground to its biggest competitor.
Trading outlook
Investors are closely watching the next earnings report. Another confirmation of weak sales could trigger further downside, with key support levels to watch between $160 and $180. Chinese competition is intensifying, making 2025 a critical year for Tesla’s future in the ev market.
Tesla shares have dropped 25% from their all-time high, wiping out over $250 billion in market value. Declining sales across europe, the us, and china are putting pressure on the stock, as traders begin to question tesla’s ability to sustain its ev dominance.
Musk’s political controversies
Tesla’s ceo is polarizing public opinion with his aggressive political stance and involvement in government affairs. while Space X and Tesla continue to receive public funding, the latest controversy revolves around a $400 million contract to supply armored electric vehicles to the US government. The deal sparked such backlash that the White House removed Tesla’s name from its official report.
BYD gaining momentum
chinese ev giant byd is capitalizing on tesla’s struggles. In the Uk alone, sales skyrocketed 550% in january, signaling a rapid expansion into traditionally western-dominated markets. If this trend continues in february and march, Tesla could lose even more ground to its biggest competitor.
Trading outlook
Investors are closely watching the next earnings report. Another confirmation of weak sales could trigger further downside, with key support levels to watch between $160 and $180. Chinese competition is intensifying, making 2025 a critical year for Tesla’s future in the ev market.