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RE: LeoThread 2024-12-08 08:18

in LeoFinance24 days ago

Part 6/9:

In the meantime, Tesla continues to rack up accolades, with its Model 3 achieving high ratings in safety and customer satisfaction. Analysts are also raising their price targets for Tesla stock amid the company’s advanced technologies and performance metrics, confirming growing bullish sentiments.

A Price War Brewing?

Despite Tesla’s success, a worrying trend is emerging in the Chinese automotive market, where automakers like BYD are pressuring suppliers for steep discounts, potentially signaling the onset of another price war in 2025. This relentless push to reduce costs at the expense of suppliers raises questions about the long-term sustainability of their strategies, particularly as they struggle with delayed payments.