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As Tesla experiences its challenges, legacy automakers find themselves in dire situations. Mercedes-Benz is laying off approximately 15% of its workforce in China, reflecting a significant downturn in demand for their electric vehicles. Similarly, Nissan is contemplating a leadership change amid faltering earnings and halted merger discussions with Honda. These developments highlight ongoing struggles faced by traditional car manufacturers as they grapple with evolving markets and the increasing dominance of EVs, particularly from Tesla.