this post was submitted on 23 Aug 2023
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Tesla's value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead (finance.yahoo.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Tesla's value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.

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[–] dustyData@lemmy.world 1 points 1 year ago (1 children)

There are, plenty of Chinese EV companies. One in particular sells by volume way more cars than Tesla worldwide. It just doesn't sell to the US yet.

[–] NotMyOldRedditName@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

No Chinese EV company sells more BEV globally than Tesla.

To get the advertised numbers that are higher than Tesla it includes plug in hybrids.

Edit: Until Tesla releases their Gen 3 platform, BYD may pass them in 2024 though.