In the medium and premium divisions, Chinese companies NIO Inc (NYSE: NIO), 

XPeng Inc (NYSE: XPEV), and Li Auto Inc (NASDAQ: LI) compete against American

Tesla Inc (NASDAQ: TSLA). Leading domestic manufacturer BYD Co. Ltd. (OTC:

BYDDY) (OTC: BYDDF) is one of the other Chinese EV players.

In China, Tesla raised the cost of the Model S and Model X by 19,000 yuan, or

roughly $2,750. Model X costs 898,900 yuan, compared to the current price of the Model S of 808,900 yuan.

It raised pricing earlier this week in the United States, China, Japan, and Canada.