Tesla’s Model Y at a launch event in Kuala Lumpur, Malaysia, on July 20, 2023. Samsul Said—Bloomberg/Getty Images
Tesla and BYD surged to world-dominating heights thanks in part to China, the world’s largest EV market. But with the pace of Chinese growth slowing down, the two EV giants are now looking overseas for more growth opportunities. Tesla, which first triggered a fierce price war in China last year, now sees the nearby region of Southeast Asia as its next opportunity.
Southeast Asia will “be a major place of growth…
