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207

How Tesla blew its lead. (restofworld.org)

submitted 1 week ago* (last edited 1 week ago) by Tea@programming.dev to c/technology@lemmy.world

62 comments fedilink hide all child comments

BYD took the global EV crown. Now Chinese rivals and local startups are taking over emerging markets.

Tesla’s sales are dropping globally, with political headwinds and fierce EV rivals throwing up challenges.

New frontiers beckon, but Tesla faces a showdown with savvy local and Chinese competitors vying for dominance.

Pricing battles and rapid innovation are putting Tesla to the test, demanding a strategic jolt to regain its edge.

(page 2) 12 comments

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[–] gian@lemmy.grys.it 0 points 1 week ago (4 children)

The problem is that Chinese EVs builder are heavily subsidized from the state and Tesla not (or not to that amount). Also a Tesla has a tag price that put it in the medium-high range, and it is obvious that the biggest market is for low-medium range priced car.

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