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TSLA
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139 days

Tesla records worst deliveries in two years amid Elon Musk backlash

1. Tesla's deliveries fell to 336,681, worst in two years. 2. Musk's political actions have negatively impacted consumer sentiment. 3. Analysts downgraded delivery expectations below 400,000 EVs. 4. European and Chinese sales both experienced significant declines. 5. Model Y refresh and lower-cost models aim to boost sales.

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FAQ

Why Very Bearish?

Tesla's decline in deliveries suggests weakened demand, impacting share price negatively. Historical examples include BMW’s stagnation in sales due to external political factors.

How important is it?

The significant drop in sales and the associated political backlash are likely to weigh heavily on TSLA's stock performance.

Why Short Term?

Recent sales data may drive investors to react quickly to perceived negative trends.

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