in the United States and Europe after wrapping up a fourth quarter that saw its deliveries fall below expectations. Tesla has long been the top dog in the electric vehicle space, but its competition is growing. Interest rates also surged last year, which made financing new cars more expensive for consumers.
Tesla CEO Elon Musk is also widely considered to have damaged the company's brand due to his chaotic, controversial and high profile takeover of Twitter. Shares of Tesla are about flat so far in January after falling more than 60% in 2022.The world's biggest iPhone factory, located in China and run by Foxconn, faced disruptions in 2022. That is likely to filter through to Apple's December quarter results. Meanwhile, analysts questioned demand for the iPhone 14 from Chinese consumers.