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Chinese Tesla rival Nio cuts 10% of workforce as CEO predicts 'intense competition' (www.cnbc.com)

submitted 9 months ago by [email protected] to c/[email protected]

7 comments fedilink hide all child comments

Chinese Tesla rival Nio cuts 10% of workforce as CEO predicts 'intense competition'::China's Nio has been hit by weak consumer sentiment in the world's second-largest economy, stiff competition and a price war started by Elon Musk's Tesla.

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[–] [email protected] 2 points 9 months ago (2 children)

Tesla rival o Tesla copy?

[–] [email protected] 11 points 9 months ago (1 children)

They're more a BYD rival, being chinese.

[–] [email protected] 4 points 9 months ago

Quite a few BYD buses in London now tbh, they’re annoyingly good.

[–] [email protected] 1 points 9 months ago (1 children)

In what way?

[–] [email protected] 1 points 9 months ago (1 children)

It’s just kinda Chinese standard since PRC

[–] [email protected] 1 points 9 months ago (1 children)

But like, what are they copying here?

[–] [email protected] 0 points 9 months ago

Just sayin… they have a very strong trend