Tesla's recent refresh of the Model Y is struggling to invigorate sales, sparking concerns among investors and analysts. Discounted financing options reflect a deeper demand problem amid increasing competition in the EV market. While investors express renewed confidence due to easing tariffs and Musk's commitment to leadership, the structural challenges facing Tesla persist, with significant sales drops particularly in China and potential crises in Europe. The new Model Y's similarity to its predecessor also raises doubts about its potential impact on sales growth.
The latest refresh of Tesla's Model Y has failed to generate consumer interest, prompting significant financing discounts to boost sales as competition increases.
Experts indicate that Tesla might be facing a 'death spiral' in Europe, with troubling sales in China, reflecting deeper structural challenges.
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