Although electric-vehicle (EV) stocks have cooled from their late-2023 highs, Tesla (TSLA) has been under particular pressure the most. After years of rapid growth, Tesla’s core auto business is bumping into stiff headwinds. Global EV sales are slowing, subsidies have faded, and competition is fiercer. For example, Tesla lost its EV sales crown last year to China’s BYD (BYDDY).
Investors are now questioning Tesla’s growth outlook even as the company pours resources into AI, robotics, and energy storage.
