Tesla's Turbulent Times: Speed Bump Or Early Signs Of Impending Crash?

Tesla, the Elon Musk-run auto company, has had a turbulent time recently, fueled by its chief executive's close ties to Donald Trump and increased electric vehicle competition.

The mounting issues have sent the company's share price tumbling in recent weeks. Here are some of the biggest challenges it faces:

Gone are the days when Tesla was far and away the world leader in electric vehicle sales.

China's BYD is now snapping at Tesla's heels , selling 1.76 million vehicles in 2024 - up 12 year-on-year - to Tesla's 1.79 million, a 1 decline.

Including hybrid vehicles, BYD's revenues actually exceeded the US auto maker's last year, 107.2 billion to 97.7 billion.