Tesla Inc. (TSLA) is grappling with a 1.8% drop in stock value amid disappointing vehicle delivery figures and ongoing geopolitical challenges tied to threats from the IRGC in Iran. The company's recent announcement of stopping orders for its Model S/X in Korea underscores its struggles in a competitive electric vehicle market facing weak demand. Analysts are reassessing Tesla's performance as it faces mounting pressures from rising rivals and regulatory scrutiny over its autonomous features.
“and announced a $100 million buyback program.”
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