02-03-2024, 10:19 AM
(02-03-2024, 09:54 AM)revealer Wrote: They are killing each other. Many manufacturers including BYD have negative working capital. Won't think the price war will last
https://finance.sina.com.cn/roll/2024-03...5403.shtml
Price war going on in China. They are now cutting each other's throats, risking their capital. BYD now has negative capital. Tesla cut prices 3 times in 3 months. Although they are still financially better but dun think they can tahan also.
![[Image: Screenshot-2024-03-02-101454.jpg]](https://i.ibb.co/myqdRwK/Screenshot-2024-03-02-101454.jpg)