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Is Tesla's Fortunes Waning in China Amidst Model Shelving and FSD Hurdles?
2 day ago /
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Author：小编
As reported by The Wall Street Journal, amidst severe business and political challenges in the United States for Tesla CEO Elon Musk, the electric vehicle giant is also encountering difficulties in the Chinese market. Once a prevalent sight on Chinese roads, Tesla vehicles benefited from preferential policies by the Chinese government aimed at bringing in technological expertise and fostering competition and growth within the domestic electric vehicle industry—a phenomenon known as the "catfish effect." This approach significantly boosted Tesla's sales in China. Nevertheless, recent developments suggest a shift in Tesla's standing in the Chinese market.
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