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RE: LeoThread 2025-07-01 03:27

in LeoFinance3 months ago

Part 2/7:

A year ago, China represented a substantial segment of Tesla's revenue, with an impressive 81% year-over-year growth. This was largely driven by increasing adoption of electric vehicles (EVs), expanding infrastructure, and the entry of new consumers into the EV market as the industry ramped up 4G coverage and introduced more accessible smartphone options like the iPhone. Such factors fueled a "hockey stick" growth trajectory, positioning China as a crucial market for Tesla's global expansion.