Tesla's recent quarterly report reveals a decline in sales, causing the stock to drop by 10%. Analysts express concerns about the company's future and criticize Tesla's management for their performance on the conference call. The competition from Ford and GM has intensified, with Tesla no longer being the top manufacturer in China. Despite the challenges, Tesla aims to release more affordable and improved versions of their cars in the future, showing that the company is not finished yet. However, the current situation reflects the volatility of expensive stocks and the impact it can have on their performance.
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