Why is Porsche stock so low?
Germany’s Porsche led the declines, down 7. The company also delayed the launch of electric car models due to weak demand. The main reason cited is weak demand for the company’s electric vehicles. However, I believe the situation is straightforward: it is increasingly difficult for VW and BMW to compete with cheaper, yet equally high-quality alternatives from Asia, where both labor and materials are less expensive.European demand for electric vehicles has softened, eroding potential margins and stalling growth in the company’s EV sector. In its largest market, China, Volkswagen has experienced declining profits in its joint ventures due to fierce local competition, further weighing on its financial performance.