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Tesla Fatigue? Investors Panic As Consumer Interest Appears to Cool Off

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Following the recent unveiling of the $35,000 Tesla Model 3 variant, followed by an announcement revealing March 14 as the launch date for the Model Y, there are fears that Tesla is launching both vehicles back-to-back in response to slowing customer demand. After waiting on ice for nearly two years, the $35,000 Model 3 was expected to herald Tesla’s long-awaited entry into the lower end of the market, which could boost sales significantly. Analysts believe, however, that this has not happened. Instead, Tesla for the first time ever has decided to announce another Model almost immediately after, fuelling concerns that

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* First published on ccn.com

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