Chinese Tesla rival Nio cuts 10% of workforce as CEO predicts 'intense competition' (www.cnbc.com)

submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Chinese Tesla rival Nio cuts 10% of workforce as CEO predicts 'intense competition'::China's Nio has been hit by weak consumer sentiment in the world's second-largest economy, stiff competition and a price war started by Elon Musk's Tesla.

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[-] snowe@programming.dev 1 points 11 months ago

But like, what are they copying here?

[-] RedditRefugee69@lemmy.world 0 points 11 months ago

Just sayin… they have a very strong trend

this post was submitted on 06 Nov 2023

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