Why Tesla is losing China, and potentially the rest of the world – Shaun Rein

 

Shaun Rein at CNBC

Tesla is losing its China market in the competition with its Chinese competitor. It might lose the rest of the world unless foreign protectionism saves the American car, says Shanghai-based business analyst Shaun Rein at CNBC. Nobody can beat China when it comes to price wars, he adds, and Chinese manufacturers will dominate the market in five to ten years, he adds.

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At last, Gillette gets some competition

China has not really a shaving culture, so for years I accepted I had to pay a premium for shaving product, or take enough supply from my trips abroad. Other products got beaten in endless price wars by domestic competitors, but P&G's Gillette seemed to have a free ride.
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