Former Stellantis CEO Predicts Tesla May Exit Automotive Industry Within 10 Years

TLDR Tesla (TSLA) stock dropped 3.4% to $433.71 after former Stellantis CEO Carl-Peter Forster warned the company may not survive the next 10 years. Chinese competitor BYD overtook Tesla in global EV sales, while Tesla’s China market share plunged from 16% in 2020 to 5% today. Tesla missed profit expectations for the fourth straight quarter [...]

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