Elon Musk’s Tesla, once the undisputed leader in the electric vehicle market, is now grappling with a series of challenges that threaten to undermine its dominance.that Elon Musk’s Tesla finds itself grappling with a number of challenges that pose a significant threat to its long-standing market dominance.
Tesla’s pricing strategy has also come under scrutiny, as the company has repeatedly adjusted prices in an effort to stimulate sales. While these price reductions have indeed made electric vehicles more accessible to consumers, they have also had a detrimental effect on the company’s profitability and the resale value of its cars.
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