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Tesla loses ground as Chinese EVs dominate global markets
Tesla was once an EV leader, but now struggles to keep up as Chinese automakers outpace it in sales, pricing, and innovation, especially in emerging markets
While Tesla would have to build its presence from the ground up, Tata already has an established distribution network and customer service capabilities across urban and rural India, which give the company a significant advantage, Vasudevan said. As Tesla establishes itself, its future moves — like starting local production or launching a budget-friendly model — will determine how deeply it can penetrate.” — Vivek Kumar, project manager, automotive, at U.K.-based data analysis firm GlobalData. The country has embraced the luxury positioning of Tesla’s cars, and the company, along with other EV players, has benefited from government incentives like free public charging, preferential parking, and exemptions on registration fees.
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