China accounted for more than half of Tesla, Inc.'s global sales in the second quarter, which the automaker said were record-high.
However, Tesla is losing ground to local rivals in China.
Investors are anticipating Tesla's second quarter earnings report, which is due on July 19.
with worries about operating margins and how price cutbacks could affect revenue.
If margins continue to decline, the company can experience negative cash flow.
Protecionism and nationalism may have an effect on Tesla's value.
significant concerns over how China will handle foreign rivals entering the market for electric vehicles.
Additionally, there is a chance that Chinese companies will invade European markets.