Jan. 14 at 12:22 AM
$AAPL Tesla isn’t “winning” North America in the way that people say it is.
It is just functioning within a market that is effectively closed.
BYD has already shown that it knows how to build cheap and move fast. The only question here is whether it’s allowed in — and “allowed in” now means software, updates and data (not merely tariffs).
If the gate remains closed, Tesla has the aisle.
If there is a compliant lane available, it might not be as dramatic. It’ll be dull: prices tilt down, trims get uglier, margin will be brandished as a weapon. Quiet damage.
HERE:https://cundilldeepvalue.substack.com/p/fragments-tesla-isnt-winning-its
$BABA $JD $PDD
