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China's electric vehicle market benefits from massive government subsidies, allowing companies like BYD to sell vehicles at lower prices compared to the U.S. This raises concerns about American competitiveness in the global EV market.

Tesla's new cars are about $5,000 less than the current models, but they're a significant downgrade. Essentially, Tesla customers are paying more for less.

China's government heavily subsidizes its electric vehicle industry, allowing companies like BYD to sell cars at lower prices. This raises concerns about American competitiveness in the global EV market.

China's government heavily subsidizes its EV industry, allowing companies like BYD to sell vehicles at lower prices, impacting global competitiveness.

China's government heavily subsidizes its electric vehicle industry, allowing companies like BYD to sell cars at lower prices globally. This poses a challenge to American competitiveness.