Should Elon Musk worry about Chinese EV competition for Tesla?

Shares of Tesla (TSLA) are rising as the company beat vehicle delivery estimates for its second quarter. Barclays senior autos analyst Dan Levy joins Morning Brief to give insight into Tesla's performance and whether the fear of slowing EV demand is coming to an end.

"Certainly, the competition is going to be tougher in China, but there is still a place for Tesla in China. We still see them hold share fairly steady in that high single-digit range as a percent of total EV sales. So they've actually held steady. But certainly, the competition is intense," Levy tells Yahoo Finance.

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[DrummerSi]

Absolutely appalling questions and analysis. Thank goodness for democratic news streams which focus on empirical facts and community centered consensus. Tesla are still number 1 for BEVs, and also not once was the huge up tick in energy (which dropped along with the deliveries) mentioned. Oh, and there's 2 major new businesses launching... But yeah, let's talk about the Chinese knock off cars 🤷🏼‍♂️