$Tesla (TSLA.US)$ pulling down big numbers in … CHINA. Chi...
China accounted for more than half of Tesla’s sales in 3Q24.
But China EVs virtually banned in the US.
If $BYD COMPANY (01211.HK)$ , $NIO-SW (09866.HK)$ , $XPENG-W (09868.HK)$ & $LI AUTO-W (02015.HK)$ lose out on a market they don’t even sell cars in today, how does it impact their business & prospect? 0.
If Tesla loses the China market, how does it impact its business? 50%+
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Dragon Fish : Tesla was invited by the Chinese Government to invest in China and benefited the China overall EV industry. You think China will make Tesla to close the factory in China?
SoundOfMusic : Xpeng CEO welcomes Tesla robotaxi to come to China. it is a win-win.
Do Addition game. Don't do Subtraction game.
Global South is about 37% of the world GDP.
Don't overworry about the US and some European markets. Their people will change their government once people see their government are not acting in their interest.
In the meantime, enjoy selling EV to ROW.
bullrider_21 SoundOfMusic : Because Xpeng knows its robotaxis can beat Tesla anytime. It's not afraid. If US goes overboard with China tariffs, don't blame China for retaliating by banning Tesla from China.