Part 5/8:
As the German automotive industry grapples with these challenges, it competes not only with traditional players but also with new market entrants such as Tesla. In 2025, manufacturers in Europe will be required to sell 25% electric cars to avoid hefty penalties and potential fines. Consequently, it is estimated that German companies might end up paying over $1 billion to Tesla—an additional financial burden that highlights the growing dominance of American tech in the automotive marketplace.