General Motors' Robust Profit and Revenue Outshine Significant Charges Linked to China

Tesla is expected to announce lower profit margins as a result of its first decline in annual sales and heightened competition in the electric vehicle (EV) industry, as reported by Chris Isidore from CNN. Tesla's shares have fallen by 17% since reaching a peak a month ago, although they remain above pre-election levels. Analysts indicate that the possible elimination of the EV tax credit may pose challenges for Tesla in competing with traditional gasoline-powered vehicles.