Marketplace: "What to expect in Tesla's Q2 results"

by Mitchell Hartman

 

And Tesla probably can’t count on expanding its foreign sales, said Gernot Wagner, a climate economist at Columbia Business School, because Musk is politically toxic and his cars are too expensive.

“Germans have basically stopped buying Teslas altogether. Chinese aren’t buying Teslas in the first place,” he said. “Teslas simply cannot compete with the likes of the $10,000 to $12,000 BYD Seagull. It costs a quarter of what a Tesla costs.”

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