Quote:
Originally Posted by Fuzz
https://jalopnik.com/tesla-might-exp...ort-1849774172
Interesting, Tesla has never faced a demand problem before. With China being such a huge market, I'm a little surprised to see demand softening there, but I guess they have loads of competition in EVs now. I wonder if this is the first domino in demand weakening falling, and the trend will continue globally.
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While there's a bit of weakening demand in China, I'm not sure it's as much of demand falling as production escalating. Tesla invested a lot in September to increase capacity significantly there. I'm pretty sure all model 3 and model y for Europe are made there too. It's estimated they could produce over a million cars there per year now and I don't think the market there is as hungry as here now