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Tesla s stock faces challenges as sales disappoint and growth falters. Concerns over future earnings potential impact its value. The company s stock struggles, with uncertainty around its next growth phase and competition in the EV market. Tesla sold about 387,000 cars in the first quarter, while analysts on average thought that number would be around 449,000. Obviously, profit estimates for the quarter will now have to be cut, after already dropping by more than half in a year. ....
In the three months through October, the number of states showing outright contraction went from 16 to 27, according to figures cited by DataTrek. ....
Stocks markets in countries like Brazil and South Korea are up 8% and 13% this month. That growth in emerging markets may outpace US stocks in 2024. ....