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Tesla Is Flailing in China and the Rapid Rise of BYD Is to Blame

Bloomberg03-10

It’s almost unthinkable, but Tesla Inc., the company that comes to mind when most people think about electric vehicles, may have had its best days in China, the world’s biggest and most advanced EV ...

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  • a4xrbj1
    ·03-10
    I guess Charlie Munger (R.I.P.) was right about BYD after all
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  • Aivern
    ·03-10
    Politics aside, the quality premium between a tesla and a byd is almost non-existent. Put the 2 flagships side by side and you cannot say objectively that the tesla is better anymore. Now, add on all the politics and nationalistic fevour of the chinese and you will see clearly that tesla is going to lose in it's only nett positive market left in the world. Meanwhile, fsd is not even gonna beat waymo, optimus is still an intern at the other end and dojo is a barely passable side quest. Tesla will die because elon is entrenched in the govt and giving himself lucrative contracts, but let's not pretend tesla isnt getting its ass handed to it in everything it's attempting.
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    • rsigod
      tesla is losing in china not because of byd. Tesla buyer profile is being attractes by xiaomi,xpeng and huawei.
      03-10
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    • Aivern
      edit: tesla *wont* die
      03-10
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