Correct. My post however, was speaking more to the reason(s) for our recent and disastrous price decline.
4.2K vehicles vs. 50.0K units per month ex-Tesla Shanghai, due to the continuing COVID lockdown is a devastating result, and obvioulsy has a negative impact on the use (demand=price) of RE.
Market share in China vis' a vie Tesla is no matter of mine. As Tesla does not buy from LYC. The growth you point out in total EV production is more compelling. GLTY
LYC Price at posting:
$8.62 Sentiment: None Disclosure: Held
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