Tesla Is Allegedly Working on a Cheaper EV (Finally). Does That Make TSLA Stock a Buy Here?

The EV market is getting tougher, and Chinese carmakers are a big reason why. In March 2026, China’s passenger car exports jumped 82.4% year-over-year (YOY) to about 748,000 vehicles, while new energy vehicle exports rose more than 140%. 

At the same time, car sales inside China fell 19.2%, making it five straight months of yearly declines. That matters because Chinese brands are pushing harder into overseas markets just as demand at home weakens.