Tesla Model Y In Trouble In China? Sales Data Show Rival Quickly Taking Over

Benzinga_recent_news08-28

Tesla Inc. TSLA continues to see sales pressure for its electric vehicles in the Chinese market. A new report indicates that the introduction of a new vehicle from a growing rival in the region could ...

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Comments

  • RonnieSG
    08-28
    RonnieSG
    When you drive a second-tier EV in China, you will have to explin why you could not afford a Tesla. When you drive a Tesla, you are the most sought after person
  • RonnieSG
    08-28
    RonnieSG
    TSLA is still the most sought after car. People in China wants the best and Tesla is considered the prime sought after; they do not wan to be seen in a seond-class car
  • Guavaxf30
    08-28
    Guavaxf30
    The trend continues with sales falling. Not just in China but with much of the rest of the world, including their biggest US state, California.  Now with the EV tax incentive credits being removed, Tesla will surely be seeing greater margin erosions too. Not helped by Trump's tariffs on steel and aluminium, of which Tesla imports plenty of.
  • ICEsh00ter
    08-28
    ICEsh00ter
    tsla is the apple of the ev industry in China.
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