Same. Major German car company I used to work for was so incompetent, slow and inefficient that it was inevitable they'd get shown off by Chinese cars, since Tesla did it before so it was a matter of time.
Apparently a Tesla model 3 has about 10-15 hours of human labor in it, so higher wages can't even begin to explain the price difference.
Well Tesla want to turn a nice profit.
Chinese EVs are sold on thin margins to capture marketshare.
Switzerland is a small country but has some of the most advanced manufacturing in the world.
S. can have all the 'advanced manufacturing' in the world but there is only ~250k new car sales a year. Compare to 34M in China it's 250k+ sales a month.