Automakers

Tesla CEO Musk says Chinese EV companies will 'demolish' rivals without trade barriers

BYD SEAL 2023
BYD is hoping to making inroads into European markets with models such as the Seal midsize sedan.
R
By:
Reuters
January 25, 2024 07:48 AM

SAN FRANCISCO -- Tesla CEO Elon Musk said that Chinese automakers will "demolish" global rivals without trade barriers, underscoring the pressure the U.S. electric vehicle market leader faces from rivals such as BYD, who are racing to expand worldwide.

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