कोशिश गोल्ड - मुक्त
Musk is running
Mint Ahmedabad
|July 08, 2025
As Tesla falls behind the local competitors it helped create, the
As Elon Musk confronts deepening business and political challenges in the U.S., he's also facing trouble in his other most important market: China.
For a while, Tesla was the hottest car on Chinese roads, and Musk was the toast of Beijing. Government officials showered the company with incentives, part of a concerted strategy to turbocharge the Chinese EV industry by injecting Tesla know-how into the country and spurring competition. Tesla's sales took off.
But the risk was always that Tesla would start falling behind the rivals it helped create. Now, that is exactly what's happening.
Tesla's market share has shriveled as other Chinese automakers become more popular. Meanwhile, Musk's reputation as a partner for Beijing in Washington took a beating as his relationship with Donald Trump soured.
Chinese consumers say Teslas increasingly feel tired and out of touch with local tastes. Top China-designed EVs nowadays come with features that aren't normally found in Teslas, such as multiple big screens to watch films and play games, refrigerators to keep drinks cold, and in-car cameras for selfies.
BYD, which makes both EVs and batteries; and battery giant Contemporary Amperex Technology, or CATL, recently said they each had developed new technologies that allow users to charge cars in just five minutes.
Tesla's China staff have voiced concerns to headquarters about the company's aging products, but their warnings often drew sluggish responses, China-based employees said. The frustrations have built as Chinese salespeople feel more pressure to hit targets, without the sexiest cars to sell.
Many Chinese consumers still appreciate Tesla's brand image as an EV pioneer. And the company retains support in Beijing. Chinese leaders see Tesla as a poster child of successful foreign investment and a useful ally in helping China build a green economy, centered on industries such as renewable energy, EVs and batteries.
यह कहानी Mint Ahmedabad के July 08, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Mint Ahmedabad से और कहानियाँ
Mint Ahmedabad
Where Divine is tooting his own horn
LOW FIDELITY
4 mins
January 10, 2026
Mint Ahmedabad
Crisis brewing as discoms dump green power cheap
solarand wind power capacity, asit helpsmaintain grid stability.
1 mins
January 10, 2026
Mint Ahmedabad
Dec gold ETFs log record ₹11,647 cr
India’s equity investors are flocking to gold exchange- traded funds as a hedge against stock market volatility amid global headwinds.
1 min
January 10, 2026
Mint Ahmedabad
5 cities to visit for a mix of culture and sports
Travel is increasingly decided by events and experiences. We list five cities that are set to host unique celebrations this year
4 mins
January 10, 2026
Mint Ahmedabad
Airfares hit four-year low on weak traffic; IndiGo crisis dulls demand
India's average domestic airfares hit a four-year low in the December quarter, an unusual outcome for a seasonally strong period, as traffic slowed through 2025 and demand weakened on non-metro routes.
1 min
January 10, 2026
Mint Ahmedabad
How we will travel in 2026
2026 will be defined by glowcations, romantasy retreats and milestone missions, a word salad that indicates the coming together of culture, individual taste and technology
6 mins
January 10, 2026
Mint Ahmedabad
Drawing on faith and supernatural forces
Amitav Ghosh's latest novel is a page turner, often veering into a realm of magical occurrences, but stretches the reader's beliefs a bit too far
5 mins
January 10, 2026
Mint Ahmedabad
Jewellery in India isn't just about the flex
A new book, 'Silver & Gold', is a reminder that jewellery has links to faith and culture in India
3 mins
January 10, 2026
Mint Ahmedabad
xAI under fire for sexualized child photos on Grok
content than other platforms has helped drive engagement, according to people familiar with the changes.
3 mins
January 10, 2026
Mint Ahmedabad
Federal Bank unveils Fortuna Wave to appeal to all young, mobile-first clients
Federal Bank's new brand identity, anchored by a refreshed logo called Fortuna Wave, comes at a moment when legacy banks are being forced to rethink how they appear, speak and scale—not because the old has failed, but because the audience has shifted.
3 mins
January 10, 2026
Listen
Translate
Change font size
