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Headwinds in the EV industry are forcing companies to adopt measures to weather tough conditions.
Tesla faces serious competition in China amidst a significant sales decline.
Hyzon Motors (NASDAQ:HYZN) reported quarterly losses of $(0.14) per share which beat the analyst consensus estimate of $(0.17) ...
Teething trouble, demand slowdown, competition and profitability issues all continue to weigh down on the EV industry.
Tesla continues to right-size and channelize efforts into more profitable avenues of its businesses amid its turnaround effort.
For now, Tesla has avoided a major setback, but the days ahead will reveal whether the company's direction is sufficient to...