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.
The fact that the headline says “Chinese Carmaker” and not “BYD” says a lot about their international market share.
To be honest, I think it more tells you the article was written by an American for an American audience.
oh look, someone doing ev that can actually make vehicles, and theyve eclipsed tesla… no wayy…
no one could have predicted this except, ya know, everyone.
And still their shares are just a fraction of Tesla’s share price.
Company is beholden to the Chinese government, apparently that is worse than beholden to a manchid and a group of ultrarich shareholders.