EV giant Tesla (TSLA) seems to be in a major spot of bother. It's dealing with the effects of growth at all costs and now faces massive competition. Moreover, its costs are growing rapidly while its valuation is completely divorced from its fundamentals. It could potentially lose out on its position in California, the largest U.S. market, amidst claims of deceptive marketing. Therefore, we are bearish on TSLA stock at this time. Tesla is an EV pioneer that has been in a hyper-growth mode for the past several years.
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Tesla (NASDAQ:TSLA)
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Tesla (NASDAQ:TSLA)
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