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by jqpabc123 1253 days ago
I think it is called competition.

Tesla was initially being sold at luxury car prices. But from the time I've spent in one, they seem a little plain --- not really all that luxurious. Lots of opportunity for others to exceed it.

I think Musk made a mistake by investing so much in China. It is easy to be squeezed out of the Chinese market if the Chinese government decides to do it --- after they feel comfortable with their ability to produce their own.