I read the following article today and was quite impressed. It's the worlds 2nd largest auto market and Tesla is doing very well there. The factory is not at full production and still they managed to be the best selling EV.
Tesla Model 3 Is 2020's Best-Selling EV in China, Company Achieves 11% Market Share
11% of the EV market share, not the total market. Still impressive enough given that the Chinese EV market is extremely competitive and fragmented, but a long way from mass adoption.
This 11% number really hides the reality. You are comparing what amounts to a luxury car to basically tiny city car that cost like 10% of the Tesla.
If you look at revenue in that market it is a far larger number.
Tesla in general in terms of BEV is about 28% of the global market and more if you consider revenue. In Europe the largest competitor to the Model 3 is also a cheaper city car.
Tesla is doing very well and has been growing market share globally every year.
Tesla Model 3 Is 2020's Best-Selling EV in China, Company Achieves 11% Market Share
https://www.tesmanian.com/blogs/tesmanian-blog/tesla-became-...