Tesla’s market share in China dropped to 4%
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Tesla's Declining Market Share in China: Tesla's sales in China have plummeted by 30% year-over-year, with the company now holding only 4% of the EV market, down from 11% in early 2021, as local competitors like BYD and Xiaomi rapidly gain ground.
Challenges with Local Adaptation and Relations: Despite feedback from its Chinese team about local consumer preferences for new features and integrations, Tesla has ignored these requests, leading to a deteriorating relationship with Chinese officials and an inability to compete effectively against local firms that are advancing in technology and offerings.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






