It is the case globally. BYD sells EVs starting at $7800 [1][2], and Toyota sells an EV for $15,000 in China [3].

This may also be why Teslas are holding their value better than any other EV. Teslas are usually bought by U.S. consumers, who are forbidden from buying any of the cheaper global EVs by import restrictions. For fleets that buy models that are sold globally, they compete in the global market and are subject to global price declines.

[1] https://www.youtube.com/watch?v=vs5h6R2jLUQ

[2] https://insideevs.com/reviews/769113/byd-seagull-good-video-...

[3] https://motorillustrated.com/toyota-launches-15000-bz3x-its-...

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AnotherGoodName 2 days ago | parent | next [-]

Tesla's are also mostly made in China now.

The Chinese Tesla's are also dropping in price if you live in a country that hasn't got massive tariffs on Chinese made cars which is basically everywhere in the world except North America and Europe. Tesla literally won't sell you a Model S in Australia for example since it's made in the USA and there's no way they can sell it for a reasonable price.

It's a little damning for the US car market since Tesla's seen as a success of US manufacturing. Globally they are a Chinese made car.

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decimalenough a day ago | parent | next [-]

The actual reason why you can't get a Model S in Australia is that Tesla does not manufacture a right hand drive version any more. You're equally out of luck in Japan, the UK, etc.

	▲	testing22321 a day ago \| parent [-]
		Why did they stop making the RHD version? Because it was too expensive inRHD markets that have access to global EVs

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dchftcs 2 days ago | parent | prev [-]

Also ironically their Chinese made car is said to have better build quality than the US made one.

	▲	formerly_proven a day ago \| parent [-]
		Maybe not that surprising, in large part the Germans built up the Chinese auto industry, and Tesla went to China to tap into that manufacturing knowledge/talent and backported it to their US factory.

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kube-system 2 days ago | parent | prev [-]

> Teslas are usually bought by U.S. consumers

More than 62% of Teslas are sold outside of the US.

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jacobr1 2 days ago | parent [-]

I think they meant the reverse. The majority of US EV sales are of Tesla's: https://cleantechnica.com/2025/04/15/auto-brands-leading-the...

	▲	brewdad a day ago \| parent [-]
		If we want to get nitpicky, Tesla no longer has the majority of US EV sales. Their market share has fallen to 42.3%. They still have a huge lead on the next closest brand however.