Why Tesla can win the EV price war but loses the EV race in china

Why Tesla can win the EV price war but loses the EV race in China

FEB 13, 2023 By Sanjay Naik Image : Google

Recently in China tesla has dropped the price of its electric cars up to 30%.

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From this big price drop, Tesla car sales has increased by 18% in china in December 2022

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But according to some EV analytics, Tesla can win the EV price war now but not going to sustain itself for a long time.

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Because there are many Electric Vehicles companies in the market with many electric cars which can compete against Tesla.

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And Tesla is right now focused on making more existing electric cars and not launching any new electric cars.

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Also, it has not changed its interior and user experience for a long time in China

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So, the luxury and improved user experience seek customers may move away from Tesla to another company.

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Also, in China, Tesla offers only Model 3 and Model Y, which are entry-level cars from Tesla

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So, Tesla needs to enter its new Electric cars into china market to win this EV war in the long term

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Tesla's third-generation EVs will be more affordable than ever

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