South Korean Media: "In the Chinese Electric Vehicle Craze, Tesla Is the Only One Falling Behind!" On May 27, South Korean media outlet "Maeil Business Newspaper" published an article stating that while the Chinese electric vehicle market continues to maintain unprecedented growth momentum, Tesla, a global electric vehicle powerhouse, delivered a surprisingly weak performance in April. This starkly contrasts with the significant increase in sales of China's major domestic brands. Data from the China Passenger Vehicle Market Information Joint Conference showed that Tesla China sold a total of 58,459 vehicles in April. This figure includes both domestic sales within China and the number of vehicles exported overseas from its Shanghai factory. This represents a 5.96% decrease compared to the same period last year (62,167 units) and a 25.84% drop compared to March this year (78,828 units). Cumulative sales from January to April this year reached 231,213 units, down 18.31% from 283,043 units during the same period last year. Tesla produces Model 3 and Model Y through its "Giga Factory" located in Shanghai, which serves not only as a key base for the domestic market but also for exports to Asia and Europe. However, this data does not specifically differentiate between actual domestic sales in China and export volumes, so it remains unconfirmed whether exports have decreased. On the other hand, China's domestic electric vehicle companies are growing and expanding their influence in the market. NIO shipped 23,900 vehicles in April, representing a 58.92% increase from March (15,039 units) and a 53.01% increase from the previous year. This is the second-highest monthly performance for NIO. Xpeng delivered 35,045 vehicles in the same month, maintaining a delivery volume exceeding 30,000 units for six consecutive months. Compared to the same period last year, this marks a 273.1% increase, with a 5.54% increase compared to March. Li Auto also achieved a shipment volume of 33,939 units, up 31.61% year-over-year, but slightly down from March (36,674 units). Notably, Xiaomi’s newly launched electric vehicles sold over 28,000 units last month, rapidly taking root in the market. Therefore, in the Chinese electric vehicle market, domestic brands are becoming real competitors threatening Tesla. At the same time, some analysts suggest that despite Tesla's recent strategies such as price cuts and differentiated software features, sales recovery still faces difficulties. A South Korean industry insider stated, "The key for Tesla in the future lies in whether it can successfully rebound in the second half of the year through new models or pricing strategies." Original Article: https://www.toutiao.com/article/1833278480660680/ Disclaimer: The article solely represents the author's personal viewpoint.