Tesla Struggles as Rivals Catch Up in Electric Car Race
Tesla's once-dominant position in the electric vehicle market has faltered, with competitors like BMW and Hyundai now offering cars that match or even outshine Tesla’s offerings. With Elon Musk’s antics distracting from business operations and a lineup of products failing to impress, can Tesla regain its mojo?Key TakeawaysTesla's sales have dropped due to stiff competition.The Cybertruck has been a commercial failure.New rivals like Chinese brands are also threatening Tesla’s market share.Back in the day, Tesla was seen as an innovator with no real competitors. But now that established carmakers have caught up and newer entrants from China are making waves, it's a different story altogether. The Model Y Standard may be cheaper than ever before at £41,990 but still can't compete against riv...









