Decoder with Nilay Patel cover image

Why EV adoption in the US has hit a roadblock

Decoder with Nilay Patel

NOTE

Rising competition and changing market dynamics

The rise of competition from both legacy car makers and upstart companies has led to a shift in Tesla's market position and control. The competition, including companies like Hyundai, Kia, Lucid, Polestar, and Rivian, has impacted Tesla's dominance, while the emergence of China as a significant player has added further pressure on Tesla's position.

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