Commentary: Tesla is being eaten alive by Chinese rivals it inspired

Commentary: Tesla is being eaten alive by Chinese rivals it inspired

Tesla is rapidly losing its competitive edge in China because domestic rivals - initially inspired by Tesla - are now surpassing it in innovation, pricing and consumer appeal, says Liam Denning for Bloomberg Opinion.

Commentary: Tesla is being eaten alive by Chinese language rivals it impressed

To this point this 12 months, excluding the month of February when Tesla was retooling for the refreshed Mannequin Y, implied utilisation is working 10 factors decrease than the identical interval in 2024. Talking of that up to date Mannequin Y, it isn’t a superb signal that Tesla has already supplied incentives like zero-per cent financing in China. Taken collectively, decrease capability utilisation, implying larger fastened prices per car and…

Caught in the slow lane: profits from Chinese rivals outpace Western carmakers

The West’s once-dominant car manufacturers are losing ground at an alarming rate to the new generation of fast-rising competitors from Asia, especially China. According to a study by the consulting firm EY, the profit gap is expected to continue growing. A new quarterly report by consultancy EY reveals a strong divide between Western and Asian automakers. While German and US carmakers saw both revenue and profit shrink in the first three months …