Comment by xeromal
11 hours ago
It's "ironic?" considering Tesla launching in China is what created the necessary supply chain to turn BYD into the powerhouse it is today. Tesla's greed will become their own demise.
11 hours ago
It's "ironic?" considering Tesla launching in China is what created the necessary supply chain to turn BYD into the powerhouse it is today. Tesla's greed will become their own demise.
Tesla cars made in Shanghai are sold in Europe and other places. That is helping them be competitive and they haven't had much price pressure until recently. Just because the Chinese have their own internal competition and deflation which drove their prices down aggressively doesn't mean it was a bad idea to build there. Also the idea the Chinese couldn't figure it out without an American company coming there first to show them is pretty silly.
Tesla Shanghai opened in 2019
BYD made their first hybrid in 2008 and they were a battery company since the 90s