Tesla's growth in China will be a 'struggle': Analyst

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Ronald Jewsikow News

Tesla,China,Slowed Growth

Bearish outlooks on Tesla (TSLA) are emerging as analysts cut earnings predictions for the company after it missed first quarter expectations for deliveries ...

for deliveries and production numbers. Guggenheim Securities Vice President of Automotive Equity Research Ronald Jewsikow joins Market Domination to discuss headwinds contributing to the bearish views.He notes slowed growth in the US, China , and European markets, describing it as"a very messy first quarter." Even looking beyond this quarter, he expresses concerns lingering structurally across all regions.

Regarding China, Jewsikow forecasts that achieving growth in the market this year will be a"struggle." He highlights the increased competition Tesla faces in the market, with competitors offering products directly competing with Tesla's offeringsThis dividend stock is still offering heavy value while offering a monthly cash payout for investors looking for long-term growth. The post This 5.37% Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.

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On Tuesday, adventure sports vehicle maker Polaris launched an updated Indian Scout motorcycle lineup that competes with some Harley-Davidson bikes. The Scout is a midsize cruiser bike, but that is just one segment of the market. There will be five updated or new Scout models.Toronto-Dominion Bank stock is down 24% from its all-time high, but it could rise again. The post 1 Magnificent Dividend Stock Down 24% to Buy and Hold Forever appeared first on The Motley Fool Canada.

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Tesla China Slowed Growth European Markets

 

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