Tesla’s Musk Calls Chinese EV Rivals ‘the Most Competitive in the World’

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https://www.barrons.com/articles/tesla-elon-musk-china-nio-byd-xpeng-51631875102


Updated Sept. 17, 2021 8:39 am ET / Original Sept. 17, 2021 6:38 am ET

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Tesla‘s Elon Musk heaped praise on China’s domestic electric-vehicle manufacturers Friday, calling the country’s auto makers “the most competitive in the world.”

The high-profile CEO lauded the growth potential of the Chinese market and highlighted innovations among Tesla’s rivals, in recorded remarks at the World New Energy Vehicle Congress in Haina, at a time when Tesla has come under pressure in China.

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