Tesla’s $25,000 Car Doesn’t Worry Its Biggest Rivals in China

The likelihood of a single car vendor sweeping all of the chinese market is low. Its huge, its sufficiently large that there is enough pie for lots of people, and Tesla can do well and competitors can do well.

Oftentimes, people forget what a billion people means. If your market expectations is defined in percentages, in a billion people economy, you will get things a bit out of whack when you initially scaled production for a low-hundred-million people economy.