Tesla loses ground as Chinese EVs dominate global markets
restofworld.org
Tesla was once an EV leader, but now struggles to keep up as Chinese automakers outpace it in sales, pricing, and innovation, especially in emerging markets

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.
  • sem@lemmy.blahaj.zoneEnglish
    61·
    12 hours ago

    Back in the day, Tesla was releasing some of its tech without patent licenses to help other EV makers catch up, to help the environment. Or at least that’s what I remember from the PR.

    Back then they wanted to blow their lead so electric cars would do better in general.

    • futatorius@lemm.eeEnglish
      2·
      7 hours ago

      .Back then they wanted to blow their lead so electric cars would do better in general.

      First-mover advantage wasn’t going to be lost in the near-term due to patent-sharing.