#teslasales — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #teslasales, aggregated by home.social.
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Tesla’s China sales plunged to just 26,006 units in October its lowest in three years, signaling a steep 35.8% drop from last year. Rising local rivals like Xiaomi and slowing EV demand are squeezing Tesla’s market share, now down to 3.2%. To rebound, Tesla must adapt locally and innovate fast to regain momentum in the world’s biggest EV market.
#Tesla #ElectricVehicles #EVMarket #TeslaSales #ElonMusk #EVCompetition #XiaomiEV #TECHi
Read Full Article Here :- https://www.techi.com/tesla-sales-china-drop-three-year-low-demand-competition/