Is Tesla Late To Low-End China EV Party? XPeng, Volkswagen Now Selling A $25,000 Car In China
October 24, 2021 at 16:44 PM EDT
Tesla, Inc. has long been rumored to release a budget model of its EV at the sub-$25,000 price point. With the project yet to come to fruition, rival EV makers are pushing ahead in this cost-competitive segment in China.