Tesla reported its first fall in yearly deliveries on Thursday (Dec 2) as lucrative year-end incentives for the Elon Musk-led electric vehicle maker's aging lineup and the new Cybertruck pickup failed to lure customers wary of high borrowing costs.
Musk had earlier predicted "slight growth" in 2024 deliveries and offered a range of promotions including interest-free financing and free fast-charging to boost sales....
The two companies are currently competing at different price ranges. The starting price of
Tesla’s cheapest model at around US$31,900 in China is more than triple the sticker price of BYD’s lowest-priced model. That is the Seagull, an all-electric hatchback starting at US$9,900, which surpassed 280,000 units in sales last year, accounting for nearly a fifth of all BYD battery EVs sold last year. CNA
American and western tech superiority crumbling and failing one by one. Boeing, the iconic American company is about to hit the dust. In automobiles, America legends like Ford, GM, Buick, Jeep, Dodge, Chrysler, are still stuck in the legacy car shit hole and unable to make any headway in EVs. All their EVs can be described as expensive, inefficient and backward.
The only American EV that is still kicking is Tesla. Musk thought that his involvement in politics, to be Trump's right hand man would propel Tesla to new heights. Never has he ever thought of how the Americans would see him, how his actions have caused so much pain and misery to the American working class and now boomeranged to his Tesla cars. The anger and hate against Musk have been translated to anti Tesla EVs. Tesla cars are not only scratched, spray painted, but smashed and burnt on the roads. Car buyers are afraid to own a Tesla for fear of arson attacks.
Tesla sales have plummeted, and all the good works of the past are now history. Tesla is also going to bite the dust. On the other hand, Tesla's Chinese competitors are rolling out more and better models that made Tesla cars looking dated. Sales of Chinese EVs, despite the tariffs, are soaring and overtaking Tesla.
Tesla is the last line of defence in American tech industries. China is overtaking everyone of them, including the tough chip industry. China has caught up and running ahead with new technologies to surpass the Americans in chip making. With Tesla going down, there is now nothing in the American industrial arsenal to stay and compete with China. Trump has in his direct foolish ways destroy the whole American industrial competitiveness vis a vis China and the rest of the world.
It is now China running ahead with the Americans fading in the rear mirror. Nothing is going to stop China anymore. Even in the exclusive world of fashion, Made in China is the real stuff, the brand for quality and superior craftsmanship and reasonable prices.