Tesla CEO Elon Musk made an important statement about the company’s future rival. Musk pointed to Chinese companies as Tesla’s competitors in the electric car industry.
Tesla, the pioneer of electric transformation in the automobile world, still continues to exist in the market with 4 different models.
On the other hand, of course, at some point, the ropes may break completely and Tesla may be at the top. Today, Tesla founder and CEO from Elon Musk An explanation has come. Musk shared his predictions about its biggest rivals.
Neither their rivals in their homeland, nor Europeans: China!
Asked about China while explaining Tesla’s financial results, Musk said, that he respects auto companies in China shared. Musk stated that China has the most competitive market without naming any Chinese automaker, and his main statement came after these sentences:
“They work the hardest, the smartest. We anticipate that the company most likely to be the second Tesla will be from China.”
Chinese BYD has already surpassed Tesla in sales:
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Tesla is already the first brand that comes to mind when it comes to electric cars, but it still hasn’t even reached 2 million in sales. In other words, although Tesla is a popular brand, it has not been able to reflect this popularity to its sales. Still, Elon Musk Volkswagen, Toyota We foresee that Chinese companies that have just started to emerge in the electric car industry will be the main competitors, not the well-established companies that sell millions of cars every year.
Source :
https://www.reuters.com/business/autos-transportation/musk-says-china-rivals-work-hardest-smartest-2023-01-26/