Can Tesla Survive Plunging Sales in China?

Will Tesla come to the government with their hand out (again) after tariffs, lowered demand and locally subsidized competition led to a 70% drop in Tesla sales in China, the world’s largest electric car market.

Taking ocean transport costs and import tariffs into account, Tesla is now operating at a 55% to 60% cost disadvantage compared to the exact same car locally produced in China. This makes for a challenging competitive environment, given that China is by far the largest market for electric vehicles.

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