
GLJ Research CEO Gordon Johnson, a long-time Tesla Inc (NASDAQ:TSLA) bear, predicted a sales slump for the electric vehicle giant. His pessimistic outlook was met with sarcasm from Tesla CEO Elon Musk.
In an X post on Sunday, Johnson asserted that Tesla’s sales are “imploding” across its three largest markets, and its profit margins lag behind competitors like Toyota, Stellantis, BMW, and Mercedes.