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Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

author:YY Science and Technology Museum

introduction

In the development process of the new energy vehicle industry, Tesla once stood out and became the benchmark and vane of the industry. But recently, with the rise of new forces such as Xiaomi, Tesla's position is being challenged like never before.

Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

In 2023, Tesla's sales will decline sharply, while Xiaomi SU7 has gradually won the favor of consumers with its excellent product strength and service experience. This round of changes in the new pattern not only reflects the fierce competition in the industry, but also reflects some of Tesla's internal problems and dilemmas in dealing with challenges.

What caused Tesla to fall into passivity? In the face of the impact of new forces such as Xiaomi, how will Musk adjust his strategy and re-establish his leading position in the field of smart cars? What new trends in the development of the industry can we see from this conflict? Let's explore these issues in depth.

There are many factors contributing to the decline in Tesla's sales

With the continuous development of Xiaomi SU7, Tesla's sales in the Chinese market have declined significantly. This is undoubtedly a huge blow to Tesla, which has always led the industry trend.

The reasons for this can be analyzed from several angles:

Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

First, the decline in product power and cost performance. In recent years, in the context of escalating market competition, Tesla's product advantages have begun to fade gradually. Compared with the new entrant Xiaomi SU7, Tesla's advantages in terms of cost performance and intelligent configuration are no longer obvious. This has directly led to a decrease in Tesla's attractiveness.

Second, the disadvantages of service experience. Tesla has always had many problems in delivery and after-sales service, which has also made many consumers lose confidence in it. In contrast, the Xiaomi SU7 is further gaining market share with excellent service quality, such as faster delivery cycles, more intimate customer care, etc.

Third, the reduction of brand premium. With the rise of new brands, consumers no longer pay too much attention to Tesla, a "star" brand, when purchasing new energy vehicles. Instead, more attention is paid to the actual performance and cost performance of the product itself. This also means that Tesla's advantages obtained by relying on brand premiums in the past are gradually disappearing.

Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

Fourth, changes in user needs. Emerging consumer groups have higher and higher demand for intelligence and comfort, and Tesla's performance in these aspects may not be able to keep up with the changes of the times. In contrast, the Xiaomi SU7 is better meeting the new needs of consumers with its excellent intelligent driving experience.

To sum up, Tesla's sales decline is mainly due to its relative disadvantages in terms of product strength, service, brand premium, and adaptability to user needs. This has also challenged its competitive position in the new energy vehicle market unprecedentedly.

Musk seeks a move to re-emerge

In the face of the strong impact of new forces such as Xiaomi, Musk, the founder of Tesla, is obviously aware of the danger of his situation. To this end, he has recently taken a series of countermeasures in an attempt to re-establish Tesla's leadership position in the industry.

Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

First of all, Musk decisively decided to make a significant price cut for some of Tesla's models. This strategy is clearly aimed at improving Tesla's price-performance ratio and thus reasserting its appeal in the minds of consumers. After all, in the increasingly fierce competition pattern of the new energy vehicle market, it is no longer enough to rely solely on brand advantages.

Secondly, Musk is accelerating the pace of Tesla's layout in the Chinese market. He recently visited China in person and ensured that Tesla's self-driving system FSD could be implemented in China. This is undoubtedly to enhance Tesla's competitiveness at the intelligent level, so as to resist the advance of new forces such as Xiaomi.

In addition, Musk also announced that new models will be launched in the future, which will be cheaper. This is undoubtedly to actively respond to consumers' demand for cost performance, rather than passively "self-degrade". By expanding its product line, Tesla hopes to reach a wider consumer base and regain market dominance.

Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

In general, in the face of the current situation, Musk is taking a series of countermeasures such as price reduction, accelerating layout, and expanding product lines. This not only reflects his high awareness of Tesla's current situation, but also demonstrates his ability to respond to crises as an industry leader.

The secret behind Xiaomi's rise

While Tesla is working hard to meet the challenges, the rise of the Xiaomi SU7 remains strong. The reasons for this can be analyzed from the following aspects:

First, the continuous improvement of product strength. With its excellent design, configuration, and performance, the Xiaomi SU7 is constantly meeting the needs of consumers. In contrast, Tesla's product advantage seems to have gradually weakened. This also gives Xiaomi the opportunity to quickly seize market share with the help of cost-effective advantages.

Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

Second, the optimization of service experience. Xiaomi has always focused on providing users with high-quality pre-sales and after-sales services, such as faster delivery and more intimate customer care. These continuous improvement of the service system have undoubtedly enhanced the favorability of Xiaomi SU7 in the hearts of consumers.

Third, the promotion of brand influence. As a leading enterprise in the field of consumer electronics for many years, Xiaomi's brand appeal has always been strong. With the gradual opening of the Xiaomi SU7 market, this brand effect is also being transformed into the field of new energy vehicles.

Fourth, breakthroughs in technological innovation. Xiaomi SU7's outstanding performance in cutting-edge technologies such as intelligent driving also gives it a favorable position in the changing needs of users. Tesla, by contrast, seems to be losing its edge in these areas.

Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

To sum up, the rapid rise of Xiaomi SU7 is mainly due to its continuous breakthroughs in product strength, service, brand and technological innovation. This not only reflects Xiaomi's strong strength as an emerging car company, but also highlights its inherent advantages as a technology giant.

The development trend of the new energy vehicle market in the future

Through the comparative analysis of Tesla and Xiaomi, it is not difficult to see that the competitive landscape of the new energy vehicle market may undergo some important changes in the future.

First of all, the dominance of traditional car companies will be further weakened. Tesla's experience shows that even industry pioneers are not at the top of the list. In contrast, emerging forces such as Xiaomi are gradually eating the market share of traditional car companies with their strong product strength and technological innovation capabilities. This trend will intensify further.

Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

Second, intelligent driving will become the new focus of competition. With the continuous upgrading of consumer demand, it is difficult to meet the market demand with simple cruising range and appearance design. Instead of intelligent, autonomous driving and other functions, this has also become a new battlefield for new energy vehicle companies to compete. Whoever has an advantage in these cutting-edge technologies is expected to stand out in the future market.

Thirdly, the importance of user experience will be further enhanced. In the past, Tesla, with its first-mover advantage and brand influence, once dominated the market trend for a long time. But now, consumers are demanding more and more comprehensive experience of products and services, which also poses new challenges to car companies. Only by truly putting customers first and providing excellent full-chain services can we stand out in the fierce market competition.

Finally, the importance of enterprise innovation is becoming increasingly prominent. The rapid rise of the Xiaomi SU7 shows that even new entrants can quickly capture the market as long as they have a strong ability to innovate. In contrast, even industry giants struggle to retain their position if innovation is lacking. This requires car companies to always maintain an open and innovative mindset and constantly introduce refreshing products and services.

Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

To sum up, the future trend of the new energy vehicle market will pay more attention to factors such as intelligence, user experience, and innovation ability. If traditional car companies cannot make strategic adjustments in time, it is difficult to maintain a dominant position in this fierce competition. Emerging forces like Xiaomi, with their strong product strength and technological innovation, are rising rapidly and becoming the new sought after objects of the industry.

epilogue

Through the comparative analysis of Tesla and Xiaomi, we can see that the new energy vehicle market is undergoing a new reshuffle. Tesla, as an industry pioneer, is facing a fierce impact from new forces such as Xiaomi. In response to this situation, Musk has adopted a series of coping strategies in an attempt to reshape Tesla's dominance in the industry.

Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

The reason why Xiaomi SU7 can rise rapidly is mainly due to its continuous optimization and breakthroughs in product strength, service experience, brand influence and technological innovation. This not only reflects Xiaomi's strong strength as an emerging car company, but also highlights its innate advantages as a technology giant.

From the perspective of the development trend of the entire industry, the competition in the new energy vehicle market in the future will pay more attention to factors such as intelligence, user experience and innovation ability. If traditional car companies cannot carry out strategic transformation in a timely manner, it is difficult to maintain a dominant position in this fierce competition. Emerging forces such as Xiaomi are relying on their strong innovation strength to quickly occupy market share and become the new industry darling.

This showdown between Tesla and Xiaomi undoubtedly reveals the profound changes in the pattern of the new energy vehicle market. It not only indicates the future direction of the industry, but also highlights the importance of how companies can stay ahead of the fierce competition. I believe that in this contest between the old and new forces, we will definitely be able to see more wonderful pictures.

Musk can't prevent Lei Jun? He doesn't want Xiaomi to benchmark against Tesla, so he chooses to downgrade himself

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