The Electric Vehicle (EV) industry’s powerhouse, Tesla, Inc. (TSLA), recently held a first-delivery event to launch its Cybertruck. However, according to a survey conducted by the Canaccord Genuity team, 67% of respondents answered "no" as to whether they would buy the Cybertruck after the company revealed pricing and truck specifications.
On top of it, TSLA is facing a sales slowdown in its China-made EV sales. The China Passenger Car Association (CPCA) reported that the company’s sales of China-made EVs dropped 17.8% year-over-year to 82,432 cars in November. TSLA is also facing issues in Scandinavia regarding collective employee bargaining rights.
