Tesla sales struggling with dropping volume and margins, while traditional automakers see strong sales

From CNBC: 2024-07-23 10:17:34

Auto sales for legacy automakers are strong in 2024, but Tesla (NASDAQ: TSLA) sales are struggling with dropping volume and margins. Investors are focused on Tesla’s margin trends as earnings are released. Analysts from The Motley Fool Stock Advisor suggest other top stocks to invest in for higher returns. Stock Advisor has beaten the S&P 500 since 2002 with regular updates and stock picks. Travis Hoium, an affiliate of The Motley Fool, has no position in mentioned stocks but may receive compensation for promoting services.



Read more at CNBC: Tesla’s Critical Turning Point: What Investors Need to Know Today