Analysts say Tesla’s huge plant expansion is scaring rivals

Tesla is ramping up production at its factories in Texas and Shanghai to head off an upcoming ambush of new EVs from legacy automakers. The world’s largest EV maker completed a long-delayed project to expand capacity at Gigafactory Shanghai, where it builds Model Y SUVs and Model 3 sedans for customers in Asia and Europe. Tesla, which has long dominated the segment, has been ceding market share to newcomers and legacy car companies alike. 

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