I honestly thought Tesla would not be sold out yet given the Chinese pressure on Tesla since they want to promote their own EV companies. I don't think NIO and the other companies will take a majority of sales but I was thinking the cheaper prices and different options would of taken away some of the demand.
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China wants Teslas sold. Do not forget, every Tesla sold in China is made in china. Plus they are using that plant to ship to Europe which helps China's exports. Tesla is, in this situation, doing China a service.
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But they are doing everything to remove market share from Tesla. All the tax cuts and extra bonus things are going towards companies like NIO and other Chinese EV companies.
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