It can be said that 2023 was a relatively bad year for Elon Musk. In particular, Twitter changed its name and logo and said ““X” after doing it. The proposed acquisition of SpaceX would see satellite internet business Starlink fall just shy of Musk’s projected $12 billion in revenue. 1.4 billion dollars He hesitated after bringing it. Now Musk’s plans for electric cars Tesla He’s in trouble with his company. If his opponent Chinese BYD!
BYD is eyeing Tesla’s throne
BYD Co. A Chinese automobile manufacturer named is the world’s most popular electric car manufacturer. Tesla It’s about to pass. BYD is not well known on the world stage, but this may change in the near future. In recent years, China has turned to Japan as a new rival for the world’s leading consumer car exporter, and BYD is one of the fastest-growing companies in China’s emerging industry.
Incoming reports and current forecasts indicate that BYD will overtake Tesla’s top spot in electric car sales in the next few months. This marks a turning point in the decade-long rivalry between billionaires. BYD CEO Wang Chuanfu had his sights set on Tesla in the early days of his company’s entry into the electric car business, backed by major investments from Warren Buffett’s firm Berkshire Hathaway.
Musk mocked the Chinese company in a recent TV interview, but today it’s clear that BYD is a legitimate threat to his empire. Tesla is already stumbling on a difficult path. Over the past few months, investors have demanded Musk resign from Tesla after he shared his feelings about Jews.
Did the Tesla robot attack a human? It became a trending topic on social media!
Although there is some truth to the “Tesla production robot attacked a human” incident shared during the day, the truth is a little different.
The California Department of Motor Vehicles charged the company with fraud for claiming its cars were fully autonomous (they weren’t). It won’t be easy for BYD to expand its domestic success with electric car sales abroad, especially in the United States, where its vehicles are virtually unavailable. However, if the company gets what it wants, Musk is in serious trouble.
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