Two Of America’s Biggest Companies Have Made A ‘Massive Bet’ On China: ‘They Can’t Just Abandon…’ Says Wedbush’s Dan Ives

Rounak Jain | April 12, 2024

Two of America’s biggest companies, which have made “massive” bets on China, Tesla Inc. (NASDAQ:TSLA) and Apple Inc. (NASDAQ:AAPL), cannot abandon the country just because they’re undergoing a “white-knuckle” period, says top analyst Dan Ives. What Happened: Tesla and Apple are both currently experiencing the impact of an economic slowdown in China and growing competition […]