Tesla trumps BYD in China sales efficiency with real-time strategy

$Tesla(TSLA.US)$ The article reported: Tesla sells far more cars per store than rival BYD-CMBI data and grew market share in China in Jan-Oct 2023.

Its sales model used real-time collection of data to support the company's pricing strategy to influence demand for some model versions and make cost-effective production plans (based on raw material prices and supplies).

BYD takes a more conventional approach to dealerships with its 3,400 stores and sells plug-in hybrids alongside battery EVs.

Tesla trumps BYD in China sales efficiency with real-time strategy

Source:

Tesla trumps BYD in China sales efficiency with real-time strategy - Reuters

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