Will Tesla Continue To Grow In China?

Conclusion

A full EV adoption will take longer to accomplish in most markets. Being a first-mover and a technology leader, Tesla has achieved outstanding results in 2020. But at the same time, it is facing intensified competition with global OEMs and local innovative mavericks in China. Its rivals are launching new products and aiming to replace Tesla in this sector, from which the competition will only get fiercer in the future, as the Chinese peers are massively adopting Lidar to narrow the gap. And there is more to be concerned about than just market rivalry.

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Comments

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William K. 1 month ago Member's comment

Quite a few interesting insights. Thanks for the article.