Tesla faces big threat from rivals in key market
Two unexpected companies are hitting the former EV leader when it is highly vulnerable.
An already difficult month for Tesla (TSLA) and Elon Musk is about to get even worse.
Once hailed as the undisputed leader of the booming electric vehicle (EV) market, Tesla is now struggling to make up the ground it has lost recently, primarily due to backlash against Musk. The CEO’s polarizing nature and political affiliations have caused many consumers to turn their backs on both him and the company.
