- China's importance to Tesla has grown rapidly, with the region's contribution to revenues and deliveries increasing since 2020.
- August saw Tesla reach a monthly high, above 44,000 vehicles as Shanghai shifted to an export hub.
- Competition from BYD and XPeng have been heating up, with XPeng's new P5 rolling out in October, as NIO's ET7's RMB300,000 price ramps up price competition.
- Tesla has faced some increased scrutiny and negative press recently, which could impact consumer trust.
For further details see:
Tesla Sees Some Speed Bumps In A Quest To Win In China