this post was submitted on 19 Mar 2025
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134
How Tesla blew its lead. (restofworld.org)
submitted 21 hours ago* (last edited 21 hours ago) by Tea@programming.dev to c/technology@lemmy.world
29 comments fedilink hide all child comments
 

BYD took the global EV crown. Now Chinese rivals and local startups are taking over emerging markets.

  • Tesla’s sales are dropping globally, with political headwinds and fierce EV rivals throwing up challenges.
  • New frontiers beckon, but Tesla faces a showdown with savvy local and Chinese competitors vying for dominance.
  • Pricing battles and rapid innovation are putting Tesla to the test, demanding a strategic jolt to regain its edge.
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[–] shaggyb@lemmy.world 1 points 15 hours ago

For sure.

A Model 3 from early 2024 really feels 5-10 years behind a 2026 Kia or Hyundai at this point.

They lost the plot big time somewhere around mid-2022 I think. Would be interesting to learn if Elon started some new designer drug or something around then.