Car prices are falling in China at faster rates than in 2002. So, initially I thought that china cars prices have come down to 2002 levels.

If Tesla is hurting this must be killing all of the non Tesla EV manufacturers who aren’t even profitable.

In PR.China, public transport is highly competitive relative to other countries I've been to, and pretty efficient to boot. Sometimes feel that it's not a matter of PR.China's infrastructure and public transportation services being awesome, more that the mismanagement and price-gouging in other countries is so prevalent.

Net - net, it's cheaper to drive in most of Europe than to catch a train, and the opposite is true in China, as far as I'm aware. I guess there may be other factors, but mostly I think it's this.