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, a statement came from Tesla founder and CEO Elon Musk for this possibility. 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 shared that he respects car companies in China. Musk stated that China has the most competitive market without naming any Chinese automaker, and his main statement came after these sentences:
Chinese BYD has already surpassed Tesla in sales:
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. However, we foresee that Chinese companies that have just started to emerge in the electric car industry will be their main competitors, not long-established companies such as Elon Musk, Volkswagen, Toyota that sell millions of cars every year.
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