In berlin halted production. Higher interest rates, which put up borrowing costs, are also taking a toll and it has an ageing line up of vehicles. But it is the Chinese Market that investors are most worried about. Dan ives from Wedbush Securities blamed rising Ev Competition and a lingering price war for the challenges that the Company Faces in that market. The gloomy outlook, well, its driven teslas stock down roughly 30 since the start of this year. Still one bright spot it looks poised to retake the title of largest ev maker in the world from chinese rival byd, which on monday said it had sold around 300,000 evs during the quarter. They could be none of bright spot and that might help tesla and other makers of electric vehicles. Senior minister in the Indian Government in charge of a Transportation Asset the country will have no diesel or petrol vehicles in the future. But the minister didnt give any timeframe to fulfil this ambitious target, the bbc explains how challenging it wou
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