Chinese EV competitors are coming along but buyers still prefer Tesla. China should be a huge market for Tesla, especially with the Model Y going into production there. Why Elon Musk has little to fear from China’s growing list of Tesla rivals Analysts say the market is yet to see a real Chinese-made electric car model that can stem the early dominance Tesla, whose Model 3 outsells its nearest competitor by three to one. “Competition is getting heated, but Tesla enjoys an overwhelming advantage,” said Chen Jinzhu, chief executive of Shanghai Mingliang Auto Service, which sells car insurance and deals in second-hand vehicles. “The grim reality is that Chinese drivers would choose Tesla now as the cars are priced attractively.” Speaking of China, they have installed the Model Y stamping machine in the Shanghai factory that will take the rear underbody production from seventy parts to one. This will reduce capex on assembly robotics and also lower production time. The “Gigapress” is the world’s largest aluminum die-casting machine.