Tesla Gets Support from Rivals: Are Bears Listening?

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  • Volkswagen and Volvo have praised Tesla’s abilities. While several bears have said the company could go bankrupt amid its perennial losses, Volkswagen’s CEO disagrees.
  • Volvo has also heaped praise on Tesla’s energy efficiency. Despite several EV (electric vehicle) launches by competitors, TSLA has held its ground. But then, does that even matter to bears?

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