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Stock of the Day: Tesla drops as China-made EV sales plunge 49%

  • Tesla stock dropped 4% as China-made EV sales plunged 49% in February.
  • Chinese-made vehicle sales dropped 28.7% in the first two months of 2025.
  • Competition and changing attitude toward Elon Musk may contribute to Tesla's falling sales.
  • Tesla's Chinese competitor BYD reported a 90.4% jump in vehicle sales in February.

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