9 days ago • Posted by William Ramstein

Tesla loses steam to SAIC GM Wuling Mini EV pressure

It appears as though Tesla has fallen out of favor with the Chinese consumer base in April. March still saw the California EV giant outperforming its Chinese counterparts, but with some of the recent quality control issues demand for Tesla EVs may have taken a hit. Wuling has been able to churn out cheap cars in part due to its good supply-chain management, and the sales of its popular minivan.

Source: Bloomberg