A JPMorgan analyst warns of severe brand damage at Tesla while rival automakers seize the moment by launching attractive discount offers on electric vehicles. The coverage highlights shifting market dynamics as competitors capitalize on growing consumer disillusionment toward Tesla.
CNBC took multiple rides with Tesla owners using Full Self-Driving (Supervised), experiencing its strengths, weaknesses and ongoing evolution.
David Lau's team oversees software for Tesla vehicles, cloud services, and manufacturing systems.
JPMorgan analyst Ryan Brinkman, a longtime Tesla skeptic, warns of "unprecedented brand damage" and underestimated consumer backlash amid falling delivery estimates. His bearish call underscores risks tied to CEO Elon Musk’s polarizing influence.
Tesla trade-ins in the U.S. hit a record high as some owners, disillusioned by Musk's politics or fearing vandalism, switch to rivals. Automakers like Polestar, Lucid, Volvo, and Ford are seizing the chance to expand their presence in the EV market.
4 stories from sources in 37.6 hour(s) #startups #cloud-computing #automation #software #innovation #tech-policy #fang #self-driving
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