- Tesla helped blaze a trail for the rise of the EV industry, and has leveraged its early-mover advantage to take an early lead.
- While Tesla is still the world's leading EV maker, others are gaining fast; VW has already surpassed it in Europe, where Tesla faces falling market share.
- In China, Tesla has seen solid, but not phenomenal domestic sales, raising the specter of potential market saturation; this is despite significant production volume at Giga Shanghai going to exports.
- The imminent opening of Giga Berlin further complicates matters in China, since Europe has been the top export destination of Tesla's Shanghai plant.
- With the China market already showing early signs of demand saturation, Tesla may struggle to find buyers for Giga Shanghai's cars.
For further details see:
How Giga Berlin Could Cause Problems For Tesla In China