Tesla has rapidly increased its output, production has outstripped deliveries, stoking speculation that demand may be weaker than it had hoped. The car company led by billionaire Elon Musk is grappling with the impact of increased competition and higher borrowing costs on buyers and now it has no plans to stabilise the prices of its popular electric vehicles, despite repeated price cuts denting its profits. Tesla bucked a wider decline in car sales last year, helped by booming interest in electric vehicles. But its market share has shown signs of eroding, as rivals launch electric vehicles of their own. Is Tesla on its way to collapsing ?
