Tesla’s Chinese Challenge Tesla (NASDAQ:TSLA), once a dominant force in China’s electric vehicle (EV) market, is facing headwinds. In the second quarter, Tesla’s sales in China dropped 11.7%, a stark contrast to the robust growth of local EV giants like BYD (OTC:BYDDY) and Geely. Chinese consumers, accustomed to tech-laden vehicles, are increasingly favoring domestic brands […]
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