Tesla struggling in China.
Sales fell 11% in January
EV sales are growing like crazy - overall 31% growth. BYD grew 48% in the same time frame
Actually - with the plethora of options that are much cheaper - Tesla selling any cars is surprising. It will have to maintain an extremely luxury image like BMW or Mercedes. Otherwise - as a utility it wont sell
Tesla is in the middle of launching a new Y model
You think BYD doesnt update their models? BYD has around 35 models across 4 brands. Every year - multiple new versions and new models are released
This image is just top 10
This image is just top 10
1. Tesla is not a mass market play
2. Tesla is not just an EV maker. Software - AI driven FSD is a strong moat.
2. Tesla is not just an EV maker. Software - AI driven FSD is a strong moat.