BYD?
If you scroll down - BYD (HKG: 1211, OTCMKTS: BYDDY) brand vehicles registered 57,990 Lots of other brands too And the general commentary is “ Major electric vehicle (EV) makers experienced a significant drop in insurance registrations in China last week, primarily due to the impact of the National Day and Mid-Autumn Festival Golden Week holiday break.” So for example BUD was 58k down from 92k from the week before.
Ok so same as every year then, just that Tesla seems hardly relevant anymore..?
Yes if you look at the numbers from the other brands Telsa is competing with the new brands at best but realistically slightly behind them. And then massively behind the bigger Chinese brands like BYD. I think in another year Tesla will be such a small player in the Chinese market. There is no real benefit to them over these new entrants.
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