this post was submitted on 23 Apr 2024
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Since Musk outed himself as pro-right-wing idiot with his X fiasco, the mostly left leaning electric vehicle crowd is looking for untainted brands.
Tesla's biggest market is China, not America. Elon's antics are not the cause of this drop. Selling Teslas in China getting harder due to American policies against China. How many Teslas do you think they will let Elon sell if the US bans Tiktok?
I thought you nailed it, but then I read past the first sentence. Tesla is failing in China because they can't compete with price. Even a lot of the luxury models are now cheaper than a Tesla.
Exactly BYD is their biggest problem. Also they can't claim higher build quality so you'd really pay more for just the brand.