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Elon Musk says a Chinese automaker will likely be second to Tesla: 'They work the smartest' - TL;DR CNBC

Elon Musk says a Chinese automaker will likely be second to Tesla: 'They work the smartest'

Publishing timestamp: 2023-01-26 08:22:38


Summary

Elon Musk said that Chinese automakers are the closest competitors to Tesla, and that Tesla is currently "winning in China". Tesla's biggest rival in China is Warren Buffett-backed BYD. Musk said that Chinese automakers are the most competitive in the world and that Tesla has a lot of respect for them. Volkswagen CEO Herbert Diess believes that Volkswagen can overtake Tesla to become the world's largest seller of electric vehicles by 2025.


Sentiment: POSITIVE

Tickers: 2015-HK,  LI,  TSLA,  9866-HK,  1211-HK,  VOWB-FF,  VOW3-DE,  ZE594-CN,  NIO,  XPEV,  9868-HK, 

Keywords: electric vehicles,  nio inc,  elon musk,  volkswagen ag,  transportation,  byd co ltd,  technology,  business news,  china,  li auto inc,  autos,  xpeng inc,  tesla inc, 

Source: https://www.cnbc.com/2023/01/26/elon-musk-says-a-chinese-automaker-will-likely-be-second-to-tesla.html


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