Chinese electric car makers suffer as Elon Musk doubles down on Tesla price war

Shares in Tesla's Chinese rivals fell on Thursday, after CEO Elon Musk signaled that the company will continue cutting prices to boost demand for electric cars in an increasingly competitive market.

source https://www.cnn.com/2023/04/20/investing/china-tesla-ev-price-cuts-intl-hnk/index.html