Tesla's Slowing Growth Signals Broader Challenges for EV Industry

Tesla's slowing growth and disappointing Q3 results signal broader challenges for the EV industry globally.

Tesla CEO Elon Musk blames higher interest rates and financing costs for making it harder for people to buy cars.

Tesla's struggles with margins despite $45/hour US workers bodes ill for Detroit automakers paying $100/hour.

Tesla maintained its cautious outlook given macro, consumer and geopolitical risks.

The leading EV maker's reset may hurt near term but seems a prudent long-term strategy.