First people said "competition is coming" for about a decade. Now the competition has finally half arrived, but it's still so far behind. Perhaps the closest is BYD, but most BYD drivers would prefer to be driving a Tesla.
The 2026 Leaf takes many of the Ariya’s good qualities and one ups them at one of the lowest price points in the industry.
And both can be parked in spots that no model of Tesla will fit. The 3, Y, etc aren’t even a consideration for me since they won’t fit my garage. Tesla badly needs a proper small hatch option.
Still costs $30k+ USD for base trim. Chinese cars are going for sub-$20k. Few governments want a repeat of the Japanese disruption of US/European car manufacturing, so they were banned before getting the opportunity.
A US$15,000 car is equally as unaffordable for most Chinese just as a US$100,000 car is for most Americans.
Heck, the median household in China only spent Yuan 4k (~US$550) a year [0] on transportation and telecom (the Chinese government chose to club both into a single bracket) in 2024 - meaning at least 50% of Chinese households cannot afford the vast majority of EVs domestically sold in China.
[0] - https://www.stats.gov.cn/english/PressRelease/202501/t202501...