KEY POINTS
New European car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according to the European Automobile Manufacturers Association, or ACEA.
BYD recorded 13,503 new registrations in July, up 225% annually.
Elon Musk’s automaker faces a number of challenges in Europe, including intense ongoing competition and reputational damage to the brand.
I guess you didn’t read my last paragraph. My comment wasn’t about defending China. My comment was about critizing the “China bad” that comes from people that don’t understand the economics and just listen to the xenophobic media narratives.
All countries our guilty of these types of things. China is just winning at it and the west is pretending it’s not losing.