A 50% rebound from the low point unexpectedly met with bearish views! Fuguo Bank: Tesla's sales prospects are worrying, fundamentals are inferior to other "Seven Giants"

JPMorgan Chase & Co. has included Tesla in its third-quarter tactical short-selling stock list, believing that the stock may experience a decline in the near future. Tesla's delivery growth is expected to slow down, with a projected 14% decrease in delivery volume for the fiscal year 2024. JPMorgan Chase & Co. points out that Tesla's fundamentals are inferior to other "Big Seven" companies, with a higher P/E ratio and lower earnings growth expectations per share. Tesla is facing a slowdown in the US, EU, and Chinese markets, as well as increased competition pressure, making it more difficult to increase sales volume. Tesla also needs to address issues with robotaxi technology and pure vision FSD. Tesla's stock price rose by 6.05% on Monday