There are more reasons behind Tesla’s (TSLA) plunging stock price than Elon Musk’s focus on Twitter, according to Wells Fargo auto analyst Colin Langan. “It’s very concerning about the weakness that we’re seeing in China,” Langan said on Yahoo Finance Live (video above). “We are seeing incentives go up, and sales actually are not increasing there. And [a] driving concern is: Are we going to start seeing that in the U.S. and Europe? Is that just sort of the early days of softening demand? And… Source link
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