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If your competitors eat your market share, and you only sell to ten percent of their public, you've still sold to 150 million people.
Imagine being able to sell a product to half the population of america.
You'd be wealthier than a plantation owner. Without even having to start a political party either!
Thats how people doing business with china think.
you've still sold to 150 million people.
Not in Tesla's case. Only a few can afford a Tesla. And even if they could, the production couldn't follow the demand.
According to the China Passenger Car Association (CPCA)'s data, Tesla sold in China some 23,200 Made-in-China (MIC) cars (up 27% year-over-year) and exported 33,315.
https://insideevs.com/news/573092/china-tesla-modely-sales-february2022/
Assuming Tesla can reach around one million units of production in China in 2029, that would equate to around 2.8% of the country's forecast total sales of 33.6 million units that year.
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