An interesting article about how Tesla has been beaten by Chinese EV manufacturers at its own game. They are making better and cheaper EVs than the Tesla or any other Western car company. The only hope for Tesla is protectionism in the USA and Europe.
Summary
The Geely Automobile Holdings Limited Galaxy E8, a $25,000 EV with specs comparable to the Tesla, Inc. Model 3, highlights Chinese EV competitiveness and arrives 2 years earlier than Tesla’s Model 2 Redwood.
Chinese EV brands have surpassed Tesla on design, cost, range, charging speed, and potentially even driver assistance.
Tesla’s protected U.S. and EU markets will shield it from Chinese competition for at least 2 years, but its growth prospects are not priced in.
To Read More:
The $25,000 EV Has Arrived, But Not From Tesla, And That’s A Problem | Seeking Alpha
