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Posted by
Two Blokes Jun 10 -
Filed in
Stock
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7 views
Tesla shares have dropped due to political tensions lately as well as weak China sales, but this creates a new buying opportunity. Despite BYD cutting prices in China, Tesla and BYD are able to withstand pricing pressures, given their relatively high margins. The refreshed, lower-cost Model Y 'Juniper' is a key catalyst that could drive a rebound in Tesla's deliveries, especially among younger buyers.
