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In stark contrast, Tesla's sales surged by 99.5% in the same region, showcasing that while Volkswagen struggles, Tesla continues to thrive amid fierce competition. The flagship Tesla Model Y has emerged as the best-selling car in China, leaving Volkswagen's ID7 with a dismal performance level, having sold a shocking nine units in a month. Hence, the narrative that Tesla suffers from demand issues seems increasingly flawed when juxtaposed with Volkswagen's predicament.
The group's market share in China has witnessed a staggering decline, dropping from 22% to less than 10% in just several years, revealing a critical challenge for the legacy automaker to regain footing in a market significantly influenced by Chinese competitors.