Overview
- Tesla CEO Elon Musk warns that Chinese automakers, particularly BYD, could 'demolish' global rivals if not for existing trade barriers.
- BYD, backed by Warren Buffett, has recently overtaken Tesla as the world's top-selling EV company, despite Tesla's deep price cuts.
- Musk acknowledges the strength of Chinese automakers and their potential for significant success outside of China, depending on trade policies.
- Tesla is facing increasing competition and data security concerns in China, leading to restrictions for Tesla drivers at government-affiliated venues.
- A senior executive at BYD taunts Musk that Tesla will face challenges in its AI self-driving system and lose market share.