Tesla is struggling in Q1, but will regain its BEV crown as BYD sales plunge. The China EV giant is ramping up a price war.
In electric-vehicle news, the price war in China continues, Tesla rival Li Auto stock closed down 10.7%, and more.
Electric vehicle (EV) maker Tesla is in talks with Thailand's government for a potential production facility in the country having conducted a site survey late last year, an official from the prime minister's office said on Monday. The Thai government has offered Tesla 100% green energy to run the facility that could produce EVs or batteries, Supakorn Congsomjit told reporters. Thailand is Southeast Asia's largest car producer and exporter, and has ambitions to become the main EV production hub in the region.