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- cross-posted to:
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Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker::Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.
How is that different from Tesla?
Because Tesla’s subsidies are good old fashioned American subsidies. Rock, flag, and eagle, right?
How? Teslas that are sold in China are made in China. BYD sold in the UK are made in China.