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Tesla released its earnings report yesterday, marking the second consecutive quarter where Tesla's deliveries fell short of expectations.
The forecast was 370,000 units, but only 358,000 units were delivered.
The main reasons are the removal of subsidies for new energy vehicles in both the U.S. and China.
Tesla's vehicle updates are too slow, and this year they are transitioning to autonomous taxis.
It seems likely that the stock may decline further until the autonomous taxi project gets off the ground.
@MSX_CN