Chinese EV production is taking world markets 'by storm': Ray Wang | Fox Business Video
Ray Wang, founder of Constellation Research, discusses the rapid growth of Chinese electric vehicle (EV) production and its impact on global markets. He also highlights the upcoming Tesla Q3 earnings report and notes job cuts in Silicon Valley due to advancements in AI.
Stock Forecasts
TSLA
Negative
The strong growth of Chinese EV production could lead to increased competition for established players like Tesla, impacting market share and sales figures. Additionally, Tesla's upcoming earnings report could show mixed results due to supply chain issues and growing competition.
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