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154 days

Tesla's China rival Zeekr to roll out advanced driver assistance-system for free

1. Zeekr offers free advanced driver-assistance; aims to compete with TSLA. 2. Tesla's Full Self Driving may also be temporarily available for free. 3. Zeekr's system uses Nvidia chips, indicating a technological arms race. 4. Chinese EV market shifts focus from pricing to driver-assistance competition. 5. Other competitors like BYD and Xpeng are advancing driver-assistance features.

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FAQ

Why Bearish?

Tesla's competitive edge may diminish as others offer free products. Historical precedence includes competition hurting Tesla's market share, notably from BYD and Nio.

How important is it?

Competition from Zeekr and others could impact Tesla's sales and prices.

Why Short Term?

Immediate market reactions are likely; longer trends will take time to fully assess.

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