We are getting close to the tail end of summer and only really beginning to see the extent of chaos that’s emerging from the global electric vehicle / autonomous vehicle / battery / chip sectors.
Tesla sales have been pretty resilient with the sales incentives the put in place. But the race to year-end for many EV makers in China will be quite challenging as I anticipate price cuts to dial up again for the rest of this year.
How does Tesla hope to sell same ol' (with a touch of lipstick) year after year; in a fashion market against Chinese domestic competition ?
Tesla sales have been pretty resilient with the sales incentives the put in place. But the race to year-end for many EV makers in China will be quite challenging as I anticipate price cuts to dial up again for the rest of this year.