Tesla Dominance in China despite what Media Says (Patreon)

Tesla Model Y maintains strong market position in China despite higher price

Despite being priced at a premium of 66% to 108% compared to China's best-selling BEV, the BYD Yuan Plus, the Tesla Model Y managed to sell only 14% fewer vehicles in the first three quarters of 2023.

This remarkable sales performance highlights the Tesla Model Y's strong appeal among Chinese consumers, even in a highly competitive market and many could argue in a RECESSION!!!! The Model Y's ability to capture such a significant share of the market, even at a premium price point, underscores its dominance in China's EV landscape.