From Nasdaq:

1. Tesla (NASDAQ:TSLA) led a paradigm shift in the mobility field but is facing increased competition and market share loss, resulting in uncertainties for TSLA stock performance.

2. Despite record EV sales in the U.S., Tesla’s market share dipped to 50% in Q3 2023, signaling potential challenges ahead for TSLA stock as other players gain traction.

3. Tesla may face challenges as consumers have more choices and rising standards in the EV market, potentially affecting TSLA stock performance.

4. As Tesla addresses quality control issues, looming costs and competition for the best workers could impact TSLA stock performance.

5. Tesla’s price war and potential market saturation raise concerns for TSLA stock performance, compounded by a high valuation and consumer expectations.

6. Analysts see TSLA stock as a Hold with moderate upside potential, indicating an uphill battle for Tesla in the evolving EV sector.



Read more: Tesla Stock (NASDAQ:TSLA): Rising Standards Present a Cautionary Take