Tesla’s Strategic Pricing Move in China and Its Implications for EV Market Leadership
Tesla’s recent pricing adjustments in China—marked by a 3.7% reduction for the long-range Model 3 and a historic low for the Model Y—reflect a desperate bid to retain market share in a fiercely competitive landscape dominated by local rivals like BYD and Xiaomi [1]. These moves, however, come at a steep cost to margin resilience,…