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Tesla makes a move on Southeast Asia's largest EV market. A homegrown giant awaits

Source: CNBC

Automotive & EVEmerging MarketsCorporate Strategy & Expansion

Tesla has established a subsidiary in Vietnam, signaling a potential entry into the country’s fast-growing electric-vehicle market. The move would position Tesla against domestic market leader VinFast, but no investment amount, launch timeline, or sales plans were disclosed.

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