Competitive ThreatsBYD's driver-assist system, similar to Tesla’s Enhanced Autopilot, is now included for free in all cars priced over $13.7K, posing a significant threat to Tesla’s sales in China.
Demand DeclineGlobal demand for Tesla’s cars is showing signs of structural and severe decline, with published numbers from China, Europe, and the U.S. pointing to severe headwinds.
Financial PressureWith anticipated earnings likely to be worse, Tesla’s P/E ratio could rise back to concerning levels, indicating financial pressure on the company.