[Manthink]

the car price war in china is no choice for manufacturers as sale was bad. they now try to eat the future sale with reduce price else the factory has to stop or there will be no place to store the manufacture cars.

I think this is the situation Telsa has found itself in...That the Chinese now is capable making competitive EVs that is increasingly chipping away the aura around Elon Musk coy.

The problem isn't just the product, but also the circumstance as EV subsidides got removed and now the competition is back to price-vs-price and quality as in any mass-consumer product.

This is where the Chinese start to eat into your business..