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Tesla, however, is taking a different approach by shortening its payment cycles, which could foster stronger supplier relationships and stability. As the competition attempts to navigate their crises, Tesla seems focused on growth and technological innovation.
Looking Forward
As we head into the closing months of the year, Tesla's position appears stronger than ever, both in terms of technology and market share. The recent announcement of elevated sales figures in various markets adds to the positive momentum. For instance, Tesla recorded 78,500 vehicles sold in China in November 2023, marking a 15% increase from the previous month.