Tesla will have zero sales in China by 2030: analyst

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Description: Tesla (TSLA) may not have much of a future in the world’s largest electric vehicle market, if one analyst’s predictions pan out. Morgan Stanley’s (MS) Adam Jonas says that CEO Elon Musk’s high-tech automotive company will likely see sales in China plummet to zero by 2030.

Source: Finance.Yahoo.com

Date: Oct 02, 2020

Link: https://ca.finance.yahoo.com/news/tesla-will-have-zero-sales-in-china-by-2030-analyst-203938920.html

Questions for discussion:

  • What is the reason the report suggests that Tesla will be shut out of China by 2030?
  • Where do you think the future markets for Tesla are located?
  • How should Tesla prepare for the global marketplace?