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Tesla's China sales plummet 49% in February, facing stiff competition from locally popular BYD.
Tesla's sales in China have dropped by 49% in February compared to the previous year, marking five consecutive months of decline.
This downturn is largely attributed to the strong performance of Chinese automaker BYD, which has seen a 161% increase in sales year-on-year, thanks to affordable pricing and advanced localized features.
Tesla may need to adjust its strategies to compete effectively in the Chinese market.
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Las ventas de Tesla en China se desplomaron un 49% en febrero, enfrentando una fuerte competencia de BYD popular a nivel local.