Concorrenza tesla
Chinese company Contemporary Amperex Technology (CATL), the world's largest manufacturer of electric vehicle batteries, has filed for a listing on the Hong Kong Stock Exchange. This IPO is expected to be the largest in the past five years, aiming to raise at least $5 billion.
Tesla's stock dropped by 6% after its Chinese competitor, BYD, announced the development of autonomous driving technology with DeepSeek and plans to implement an autopilot-like system in nearly all of its new models.
Tesla's sales in China continue to decline: in January, the company sold 63,238 electric vehicles, which is 11.5% less than a year earlier.
Additionally, competitor Xpeng has promised to launch a fully autonomous vehicle by the end of 2025 and is likely to continue outpacing Tesla in price competitiveness over the next year, potentially leading to a further decline in Tesla’s market share.