Tesla is flailing in China and BYD’s rapid rise is to blame


Elon Musk’s automaker has been backsliding in China for the past five consecutive months on a year-on-year basis. — Bloomberg

SHANGHAI: It’s almost unthinkable, but Tesla Inc, the company that comes to mind when most people think about electric vehicles (EVs), may have had its best days in China, the world’s biggest and most advanced EV market.

Elon Musk’s automaker has been backsliding in China for the past five consecutive months on a year-on-year basis, according to data from the country’s Passenger Car Association.

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