Per Langan, Tesla's growth is expected to remain flat this year and start to decline in 2025. That's due to a number of factors, including a surge of competitors, particularly from China, eating up larger shares of the global EV market and undercutting the company's offerings.to keep up with the rest of the world and brace for significantly slowing demand — and that could prove disastrous in the long run.
Tesla's efforts to realize its vision of "Full Self-Driving" has also hit roadblock after roadblock, becoming embroiled in several. Meanwhile, driver assistance software of the company's competitors has had plenty of time to catch up — and race ahead, Of course, the company's leadership isn't blind to the existential challenges ahead. In a news release following its Q4 earnings call in January, the company"I'm often optimistic regarding time," Musk told investors during the call, offering a brief glimpse of lucidity. "But our current schedule shows that we will start production towards the end of 2025, sometime in the second half.
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