Part 11/15:
The Electric Vehicle and Tech Innovation Front
Tesla continues to lead electric vehicle (EV) price reductions, with the average US vehicle price inching closer to Tesla's models. Tesla’s market share remains strong, especially in the U.S., with competitors scaling back their EV offerings due to unprofitability. The upcoming launch of Tesla’s new $3,500-level EV, and the expansion of their manufacturing capacity, signals a strategic move to dominate the mass-market segment.