Comment by dmix

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