Tesla benefits from many new growth drivers supporting a positive long-term outlook. See why I think the recent selloff in TSLA stock is a new buying opportunity.
Tesla is expanding its EV business in Thailand, competing with Chinese rivals such as BYD. Tesla has started selling its Model 3 and Model Y vehicles in Thailand at prices designed to compete with rivals like China's BYD, according to a report by AP.
Despite its recent bear trap, we noted that Tesla has failed to regain its bullish momentum. Read why we revise our rating for TSLA stock from Buy to Hold.